Deal Details
Regal Acquires PTS
Summary
Regal Beloit Corporation (“Regal”) (NYSE: RBC) recently acquired the Power Transmission Solutions business (“PTS”) of Emerson Electric Company (“Emerson”) (NYSE: EMR) for $1.44 billion comprised of $1.4 billion in cash plus $40 million of assumed liabilities.
Baird served as the exclusive financial advisor to Regal Beloit Corporation on this transaction.
About
Regal is a leading manufacturer of electric motors, electrical motion controls, power generation and power transmission products serving markets throughout the world. Regal has manufacturing, sales and service facilities throughout the United States, Canada, Mexico, Europe and Asia and is headquartered in Beloit, Wisconsin.PTS designs, manufactures and services bearings, couplings, gearing, drive components and conveyer systems for material handling, metals, energy, beverage, HVAC, aerospace and other general industrial applications. Its brands include Browning®, Jaure®, Kop-Flex®, McGill®, Morse®, Rollway®, Sealmaster® and System Plast™. PTS operates on three continents serving customers in more than 65 countries throughout the world and is headquartered in Florence, Kentucky.
Emerson provides technology and engineering solutions for customers in a range of industrial, commercial and consumer markets worldwide. Emerson is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies and Commercial & Residential Solutions. Emerson serves customers and end markets in more than 150 countries throughout the world and is headquartered in St. Louis, Missouri.
For additional information about this transaction, please contact:
- Date
- February 2015
- Company
- Regal Beloit Corporation
- Transaction
- M&A
- Sectors
- Industrial
- Verticals
-
Flow, Motion and Power Technologies
- Target Geography
- North America
- Acquiror Geography
- North America
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