Regal Beloit in Agreement to Acquire A.O. Smith Motor Business for $875 Million

In the second blockbuster motor deal in just two weeks, A.O. Smith Corp. (AOS), Milwaukee, announced plans to sell its Electrical Products Co., one of the largest manufacturers of electric motors for residential and commercial applications in North America, to Regal Beloit Corp. (RBC), Beloit, Wis., for approximately $875 million. The transaction, which has been approved by both companies' boards of directors, is expected to close in the first half of 2011.

In a press statement on the

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish