Acquisition of the Power Transmission Solutions Business of Emerson Electric Company

Industrial
Acquisition of the Power Transmission Solutions Business of Emerson Electric Company

Summary

Baird served as the exclusive financial advisor to Regal Beloit Corporation on this transaction.

About

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.

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 is headquartered in Florence, Kentucky and operates on three continents serving customers in more than 65 countries throughout the world.

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 is headquartered in St. Louis, Missouri, and serves customers and end markets in more than 150 countries throughout the world.

Regal is a leading manufacturer of electric motors, electrical motion controls, power generation and power transmission products serving markets throughout the world. Regal is headquartered in Beloit, Wisconsin, and has manufacturing, sales and service facilities throughout the United States, Canada, Mexico, Europe and Asia.

For additional information about this transaction, please contact:

Joe Packee +1 (414) 298-7644
Chris McMahon +1 (312) 609-4983
Steve Booth +1 (414) 298-7661
Mike Lindemann +1 (414) 298-7408
Nicholas Sealy +44 20 7667 8370
Dale Rudow +1 (414) 298-7495
Industrial
Acquisition of the Power Transmission Solutions Business of Emerson Electric Company
Date
February 2015
Company
Regal Beloit Corporation
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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