M&A Deal Summary

Regal Rexnord Acquires CMG Engineering Group Pty.

On April 6, 2010, Regal Rexnord acquired electrical equipment company CMG Engineering Group Pty. for 75M USD

Acquisition Highlights
  • This is Regal Rexnord’s 3rd transaction in the Electrical Equipment sector.
  • This is Regal Rexnord’s 5th largest (disclosed) transaction.
  • This is Regal Rexnord’s 2nd transaction in Australia.

M&A Deal Summary

Date 2010-04-06
Target CMG Engineering Group Pty.
Sector Electrical Equipment
Buyer(s) Regal Rexnord
Deal Type Add-on Acquisition
Deal Value 75M USD

Target

CMG Engineering Group Pty.

Rowville, Australia
CMG Engineering Group Pty., Ltd. manufactures and distributes fractional horse power industrial motors, blower systems, and industrial metal products with operations in Australia, New Zealand, South Africa, Malaysia, Singapore, the United Kingdom, and the Middle East.

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Buyer(S) 1

Buyer

Regal Rexnord

Milwaukee, Wisconsin, United States

Category Company
Founded 1955
Sector Electrical Equipment
Employees30,000
Revenue 6.3B USD (2023)
DESCRIPTION
Entrance to Regal Beloit's corporate headquarters in Beloit, Wisconsin.
Entrance to Regal Beloit's corporate headquarters in Beloit, Wisconsin.

Regal Rexnord is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products serving markets throughout the world. Regal Rexnord was founded in 1955 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 5 of 17
Sector (Electrical Equipment) 3 of 12
Type (Add-on Acquisition) 2 of 10
Country (Australia) 2 of 3
Year (2010) 1 of 4
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-12 Morrill Motors

Erwin,, Tennessee, United States

Morrill Motors, Inc. is a designer and manufacturer of fractional horsepower motors and components for the commercial refrigeration and freezer markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 Elco Group B.V.

Milan, Italy

Elco manufactures and sells motors, fans and blowers and has manufacturing facilities in Italy, China and Brazil.

Buy $27M