Regal Beloit Corporation, Beloit, WI, has acquired Jakel Inc. and completed the announced $220 million acquisition of the FASCO Residential/Commercial and FASCO Asia/Pacific operations from Tecumseh Products.
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Both of the acquired businesses manufacture and market motors and blower systems for air-moving applications including alternative fuels systems, water heaters, HVAC systems and other commercial segments. The two independent businesses will be combined and operate as a single unit as part of the Company’s Electrical Segment.
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The acquired businesses are anticipated to add approximately $355 million in sales to 2008.
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The six facilities included with the acquisitions are FASCO’S manufacturing and distribution facilities in Eldon and …
Regal Beloit Buys HVAC Supplier Jakel Inc.
Regal Beloit Corporation, Beloit, WI, has acquired Jakel Inc. and completed the announced $220 million acquisition of the FASCO Residential/Commercial and FASCO Asia/Pacific operations from Tecumseh Products.
  ;
Both of the acquired businesses manufacture and market motors and blower systems for air-moving applications including alternative fuels systems, water heaters, HVAC systems and other commercial segments. The two independent businesses will be combined and operate as a single unit as part of the Company’s Electrical Segment.
  ;
The acquired businesses are anticipated to add approximately $355 million in sales to 2008.
  ;
The six facilities included with the acquisitions are FASCO’S manufacturing and distribution facilities in Eldon and …
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- Filed In: Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
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