WEG acquires electric motors and generators business from Regal Rexnord for $400M

WEG, through its indirect subsidiaries, acquired the industrial electric motors and generators business of Regal Rexnord Corporation for $400 million, including brands Marathon, Cemp, and Rotor, and approximately 2,800 employees across ten factories in seven countries.

“The acquisition value is $400 million, subject to standard price adjustments for this type of transaction.”bpma.org.uk

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• bpma.org.ukWEG ACQUIRES ELECTRIC MOTORS AND GENERATORS BUSINESS FROM REGAL REXNORD » Latest News - BPMADec 18, 2023

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