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svt Holding GmbH, backed by Ergon Capital Partners, combined with Odice, a French manufacturer of fire protection products including intumescent seals and thermal insulation materials. Existing Odice shareholders re-invested in the combined group.
Regal Beloit agreed to acquire Italy's Nicotra Gebhardt S.p.A., a fan and blower manufacturer with about $150 million in annual revenue, for approximately 125 million euros or $154 million, with closing expected by the end of Q2 2018.