# Regal Beloit to acquire Nicotra Gebhardt fan and blower maker for $154M

Regal Beloit agreed to acquire Italy's Nicotra Gebhardt S.p.A., a fan and blower manufacturer with about $150 million in annual revenue, for approximately 125 million euros or $154 million, with closing expected by the end of Q2 2018.

- Type: Acquisition
- Announced: 2018-02-28
- Where: Italy
- Value: $154.0M (125.0M EUR)
- Status: announced
- Products: fans, blowers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Regal Beloit](https://endata.com/companies/2895.md) (acquirer)
- [Nicotra Gebhardt](https://endata.com/companies/2896.md) (target)

## Sources

- [rttnews.com](https://www.rttnews.com/2867611/regal-beloit-to-buy-nicotra-gebhardt-for-about-154-mln.aspx), 2018-02-28: "Regal Beloit Corp. (RBC) said that it agreed to acquire Nicotra Gebhardt S.p.A. or NG for approximately 125 million euros or $154 million."
- [coolingpost.com](https://www.coolingpost.com/world-news/nicotra-gebhardt-bought-us-motor-firm/), 2018-03-02: "Regal Beloit is set to acquire Italian fan manufacturer Nicotra Gebhardt in a deal worth €125m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.