Deal Corner
January 22, 2014
Acquisition of CEMP s.r.l. by Regal Beloit Corporation

DEAL BRIEF

Regal Beloit Corporation (NYSE:RBC) has completed the 100% acquisition of CEMP s.r.l. With this acquisition, Tano Capital, a private equity firm, has exited from its investment in CEMP s.r.l.

With revenue of USD 3 bn and market cap of USD 3.3 bn, Regal Beloit Corporation is a leading manufacturer of electric motors, mechanical and electrical motion controls and power generation products serving markets throughout the world. It has manufacturing, sales and service facilities throughout the USA, Canada, Mexico, Europe and Asia.

Established in 1954, Cemp s.r.l. is amongst the first companies in Italy that manufacturers, designs and markets flameproof low voltage electric motors used in hazardous areas and has subsidiaries in Germany and France and a worldwide sales network in over 46 countries.

Tano Capital is an alternative asset management and a private equity firm that targets growth opportunities, primarily in India and China.

OUR ROLE

We, at Nishith Desai Associates, acted as the legal and tax counsel to the selling shareholders of CEMP s.r.l. for this transaction.


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Deal Corner

January 22, 2014

Acquisition of CEMP s.r.l. by Regal Beloit Corporation

DEAL BRIEF

Regal Beloit Corporation (NYSE:RBC) has completed the 100% acquisition of CEMP s.r.l. With this acquisition, Tano Capital, a private equity firm, has exited from its investment in CEMP s.r.l.

With revenue of USD 3 bn and market cap of USD 3.3 bn, Regal Beloit Corporation is a leading manufacturer of electric motors, mechanical and electrical motion controls and power generation products serving markets throughout the world. It has manufacturing, sales and service facilities throughout the USA, Canada, Mexico, Europe and Asia.

Established in 1954, Cemp s.r.l. is amongst the first companies in Italy that manufacturers, designs and markets flameproof low voltage electric motors used in hazardous areas and has subsidiaries in Germany and France and a worldwide sales network in over 46 countries.

Tano Capital is an alternative asset management and a private equity firm that targets growth opportunities, primarily in India and China.

OUR ROLE

We, at Nishith Desai Associates, acted as the legal and tax counsel to the selling shareholders of CEMP s.r.l. for this transaction.


Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.