# WEG completes acquisition of Regal Rexnord's industrial motors and generators business

WEG S.A. completed the acquisition of the industrial electric motors and generators businesses of Regal Rexnord Corporation, including the Marathon, Cemp, and Rotor brands, for US$400 million. The deal includes about 2,800 employees and 10 factories across seven countries.

- Type: Acquisition
- Announced: 2024-04-30
- Value: $400.0M
- Jobs: 2,800
- Status: completed
- Products: industrial electric motors, generators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Regal Rexnord](https://endata.com/companies/58310.md)
- [WEG](https://endata.com/companies/1550.md) (acquirer)
- [Regal Rexnord](https://endata.com/companies/58310.md) (target)

## Sources

- [torys.com](https://www.torys.com/work/2023/09/acaab11b-d344-4ba1-b809-b9200d7c90ae), 2024-04-30: "WEG S.A. announced that through its indirect subsidiaries abroad it entered into a definitive agreement to acquire the industrial electric motors and generators businesses of Regal Rexnord Corporation, for total consideration of US $400 million."
- [stocktitan.net](https://www.stocktitan.net/news/RRX/regal-rexnord-corporation-closes-the-sale-of-its-industrial-motors-96d92q980871.html), 2024-04-30: "Regal Rexnord announced today that it closed the previously announced sale of its Industrial Motors and Generators business that comprises the substantial majority of its Industrial Systems segment to certain subsidiaries of WEG S.A."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/WEG-S-A-6494223/news/WEG-S-A-closes-the-acquisition-of-the-industrial-electric-motors-and-generators-businesses-from-Re-46586859/), 2024-04-30: "WEG S.A. announces to its shareholders and the market that, in continuation with the Material Fact published on September 25, 2023, has closed the acquisition of the industrial electric motors and generators business of Regal Rexnord Corporation."
- [oemoffhighway.com](https://www.oemoffhighway.com/market-analysis/industry-news/article/22894631/regal-rexnord-corporation-regal-rexnord-corporation-closes-sale-of-industrial-motors-generators-business-to-weg), 2024-04-30: "Regal Rexnord Corporation has announced it has closed the previously announced sale of its Industrial Motors and Generators business that comprises the substantial majority of its Industrial Systems segment to certain subsidiaries of WEG S.A."
- [maschinenmarkt.vogel.de](https://www.maschinenmarkt.vogel.de/weg-hat-uebernahme-der-motoren-und-generatoren-von-regal-rexnord-abgeschlossen-a-e3cd8a8f7bfd08df5c1201d96ae217cc/), 2024-06-05: "Die 2023 angekündigte Akquisition des Geschäftsbereichs Industriemotoren und -generatoren der Regal Rexnord Corporation ist zum 1. Mai 2024 abgeschlossen."

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