07 September 2010
The management of Rotor will continue to lead the company following the acquisition.Henry W. Knueppel, chairman and CEO of Regal Beloit, said: "[Rotor] has an outstanding management team that has grown the business in Europe and beyond. The addition of Rotor strengthens our European commercial position and adds vertical market segment strengths. The Rotor addition represents continued progress on our strategy of geographic and market segment diversification."
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