# Regal Beloit and Rexnord PMC combination expected to close

Regal Beloit Corporation and Rexnord Corporation announced the expected closing date for the combination of Regal and Rexnord's Process & Motion Control (PMC) business.

- Type: Acquisition
- Announced: 2021-09-13
- Where: United States
- Value: $3.70B
- Status: announced
- Products: motion control products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Regal Beloit](https://endata.com/companies/2895.md)
- [Rexnord](https://endata.com/companies/4012.md)
- [Regal Beloit](https://endata.com/companies/2895.md) (acquirer)
- [Rexnord](https://endata.com/companies/4012.md) (target)
- [Land Newco](https://endata.com/companies/57975.md) (target)
- [Rexnord Process and Motion Control](https://endata.com/companies/58184.md) (partner)

## Sources

- [spotonwisconsin.com](https://spotonwisconsin.com/indianhead/1537814/regal-beloit-and-rexnord-announce.html), 2021-09-13: "Regal Beloit Corporation and Rexnord Corporation today announced that they expect to complete the…"
- [spotonwisconsin.com](https://spotonwisconsin.com/wi-business/1538195/rexnord-regal-beloit-announce.html), 2021-09-13: "Rexnord Corp. and Beloit-based Regal Beloit Corp. plan to complete the $3.7 billion merger of Rexnord's process and motion control business into Regal Beloit on Oct. 4."
- [prnewswire.com](https://www.prnewswire.com/news-releases/regal-beloit-and-rexnord-announce-estimated-exchange-ratio-and-estimated-amount-of-regal-special-cash-dividend-in-connection-with-anticipated-completion-of-combination-of-regal-and-rexnords-pmc-business-301386148.html), 2021-09-28: "Regal Beloit Corporation and Rexnord Corporation today announced additional details regarding the anticipated completion of the combination of Regal and the Process & Motion Control Business of Rexnord."
- [machinedesign.com](https://www.machinedesign.com/news/article/21177474/regal-and-rexnord-pmc-announce-merger), 2021-10-05: "With the addition of Rexnord PMC, we are moving forward in Regal's ongoing transformation, positioning a new Regal Rexnord company to create value for customers."

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