Regal Beloit acquires motors distributor
BELOIT, Wis. (AP) Regal Beloit Corp., a manufacturer of motion-control and power-generation products, says it has acquired Dutchi Motors B.V. for undisclosed terms.
Dutchi is based in the Netherlands. It distributes Regal Beloit's Hwada motor products and other industrial motors in Europe, South Africa, Russia and the Middle East.
Dutchi's results will be reported as part of Regal Beloit's electrical segment. The acquisition announced Tuesday is expected to add between $11 million and $13 million to sales and a penny to 2 cents in earnings per share for the year.
Sales for Dutchi in 2009 are expected to be about $70 million to $75 million. Regal Beloit says the addition to earnings per share is expected to be between 5 cents and 8 cents.

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