Regal Beloit Corp., Beloit, WI, has acquired Dutch industrial motor distributor Dutchi Motors B.V. for $34 million and the assumption of about $3.2 million in debt. Regal Beloit manufactures branded mechanical and electrical motion control and power generation products.
Dutchi is a distributor of Regal Beloit’s Hwada motor products, acquired in April 2008. The Dutchi business will be reported as part of the Company’s Electrical Segment. Sales for Dutchi are expected to be $70 million to $75 million in 2009.
According to Henry W. Knueppel, CEO of Regal Beloit, the acquisition will help build infrastructure for expansion in Europe, South Africa, Russia and the Middle East. We have for some time searched for a commercial infrastructure in these important …
Regal Beloit Buys Dutchi Motors for $34M
Regal Beloit Corp., Beloit, WI, has acquired Dutch industrial motor distributor Dutchi Motors B.V. for $34 million and the assumption of about $3.2 million in debt. Regal Beloit manufactures branded mechanical and electrical motion control and power generation products.
Dutchi is a distributor of Regal Beloit’s Hwada motor products, acquired in April 2008. The Dutchi business will be reported as part of the Company’s Electrical Segment. Sales for Dutchi are expected to be $70 million to $75 million in 2009.
According to Henry W. Knueppel, CEO of Regal Beloit, the acquisition will help build infrastructure for expansion in Europe, South Africa, Russia and the Middle East. We have for some time searched for a commercial infrastructure in these important …
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