Rexnord to acquire Germany-based Centa Power Transmission

Rexnord Corp. announced an agreement to acquire Centa Power Transmission, a Germany-based manufacturer of flexible couplings and drive shafts. The transaction is expected to close by the end of February 2018. Terms were not disclosed.

“Centa is a business that we have long thought would be an outstanding fit with Rexnord and we are very excited to come to an agreement to make that a reality.”inddist.com

• 3 sources
• inddist.comRexnord To Acquire Germany-Based Centa Power TransmissionMike HockettJan 8, 2018
• powertransmission.comRexnord Corporation to Acquire Centa Power TransmissionJan 17, 2018
• fyb.deCENTA sells to Rexnord Corporation in America - FYB Financial YearbookTatjana AndererFeb 21, 2018

Summarized from public sources; check the original articles before acting on it.