Regal Rexnord to sell its Industrial Motors and Generators businesses for $400 million

Milwaukee-based manufacturer Regal Rexnord Corp. announced today that it has entered into a definitive agreement to sell its Industrial Motors and Generators businesses to Brazil-based WEG, a producer of electric motors, generators, transformers, drives and coatings, for $400 million. The transaction is expected to be completed during the first half of 2024. The Industrial Motors

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