# WEG S.A. agrees to acquire Marathon Electric Motors from Regal Rexnord

WEG S.A. agreed to acquire Marathon Electric Motors (India) Ltd. from Regal Rexnord Corporation. The agreement was announced on June 17, 2024, with the deal dated June 18, 2024.

- Type: Acquisition
- Announced: 2024-06-18
- Where: India
- Status: announced
- Products: electric motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [WEG](https://endata.com/companies/1550.md) (acquirer)
- [Regal Rexnord](https://endata.com/companies/58310.md) (target)
- [Marathon Electric Motors](https://endata.com/companies/78084.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/WEG-S-A-6494223/news/WEG-S-A-agreed-to-acquire-Marathon-Electric-Motors-Ltd-from-Regal-Rexnord-Corporation-46999447/), 2024-06-17: "WEG S.A. (BOVESPA:WEGE3) agreed to acquire Marathon Electric Motors (India) Ltd. from Regal Rexnord Corporation (NYSE:RRX) on June 18, 2024."

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