WEG acquires industrial electric motors and generators business from Regal Rexnord Corporation
Client(s) WEG S.A.
Jones Day is advising WEG S.A. in the $400 million acquisition of the industrial electric motors and generators business of Regal Rexnord Corporation. The transaction includes the acquisition of 10 manufacturing sites in 7 countries (United States, Mexico, China, India, Italy, Netherlands and Canada), plus commercial branches in 11 countries, and a team of approximately 2,800 employees worldwide. The transaction is subject to approval from governmental authorities in several jurisdictions and is expected to close in the second half of 2024.