Regal Beloit Sells Engineered Drives and Control Systems Business

Sun Capital to buy its engineered drives and control systems business.

Regal Beloit Corp., Beloit, WI, has agreed to sell its engineered drives and control systems business to an affiliate of Sun Capital Partners Inc. The business is expected to generate $131 million in revenues this year and has 450 employees around the world, said a Regal Beloit release.

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