Regal Rexnord to acquire Altra Industrial Motion in $4.9bn deal
Regal Rexnord, a US-based electric motors and power transmission components manufacturer, has agreed to acquire Altra Industrial Motion, in an all-cash transaction valued at $4.95 billion. Based in Braintree, Massachusetts, Altra Industrial Motion designs and manufactures engineered motion control, automation, and power transmission solutions. Under the terms of the deal, shareholders of the NASDAQ-listed Altra […]