Sun Capital affiliate to acquire Regal Beloit's drive technologies businesses

An affiliate of Sun Capital Partners signed a definitive agreement to acquire the drive technologies businesses of Regal Beloit Corporation, which design and assemble motor control solutions for industrial applications.

“The acquired motor control solutions platform is a great fit in our portfolio, and in line with Sun Capital’s experience investing in both corporate carve-outs and industrial companies.”suncappart.com

• 1 source
• suncappart.comSun Capital Partners Affiliate Signs Agreement to Acquire Regal Beloit’s Drive Technologies Businesses - Sun Capital Partners, Inc.Pia TerolDec 5, 2018

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