Regal Beloit Corporation acquired Nicotra Gebhardt for EUR125m.

Regal Beloit Corporation, a leading manufacturer of electric motors, electrical motion controls, power generation and power transmission products serving markets throughout the world, acquired Nicotra Gebhardt, a leader in critical, energy-efficient systems for ventilation and air quality, for EUR125m. "This will be a strategic acquisition for Regal as we continue to expand our energy efficiency system solutions for customers. Nicotra Gebhardt will enhance our portfolio, diversify our geographic exposure and strengthen our capability to deliver energy efficient solutions," commented Chairman and CEO Mark Gliebe. "NG's products will add to Regal's growing lineup of energy efficient, air moving systems. NG will bring a very talented team who are experts in their light commercial air moving markets. We are excited to have NG as part of the Regal family, and we look forward to growing with them."