M&A - REGAL REXNORD CORP
Form Type: 10-Q
Filing Date: 2025-05-06
Corporate Action: Merger
Type: Update
Accession Number: 000008281125000119
Filing Summary: REGAL REXNORD CORPORATION filed this 10-Q report for the quarterly period ended March 31, 2025. The document outlines the company's financial condition, including details about recent acquisitions, such as Altra Industrial Motion Corp., and previous mergers, including the Rexnord Process & Motion Control business. It discusses the integration challenges and seeks to highlight the expected benefits and synergies from these transactions. Key financial figures are provided, with particular emphasis on revenue, expenses, and the company's substantial debt resulting from recent acquisitions. The report confirms compliance with filing requirements under the Securities Exchange Act of 1934 and includes information on outstanding shares and major stock performance. Forward-looking statements are included, addressing potential risks and uncertainties affecting future financial performance.
Additional details:
Date Of Merger: 2021-01-01
Acquired Company: Altra Industrial Motion Corp.
Acquisition Date: 2023-01-01
Debt Incurred: substantial
Form Type: 10-K
Filing Date: 2025-02-21
Corporate Action: Merger
Type: Update
Accession Number: 000008281125000046
Filing Summary: Regal Rexnord Corporation detailed its operational status in its annual report, emphasizing significant changes stemming from the merger with Altra Industrial Motion Corp. The merger, finalized in March 2023, strategically positioned Regal Rexnord to enhance its market offerings, particularly in power transmission and motion control segments. The report highlights financial metrics post-merger, emphasizing revenue growth and increased market share in various geographical regions including North America, Europe, and Asia. There was also a focus on integrating Altra's products and operations into Regal's existing business to leverage synergies and drive further growth. Future outlooks indicate optimism regarding operational efficiencies and expanded product lines resulting from the merger.
Additional details:
Fiscal Year: 2024
Common Stock Member: CommonStockMember
Additional Paid In Capital Member: AdditionalPaidInCapitalMember
Retained Earnings Member: RetainedEarningsMember
Cumulative Other Comprehensive Income Member: AccumulatedOtherComprehensiveIncomeMember
Noncontrolling Interest Member: NoncontrollingInterestMember
Altra Merger Agreement Member: AltraMergerAgreementMember
Senior Notes Due 2026: SeniorNotesDue2026Member
Senior Notes Due 2028: SeniorNotesDue2028Member
Senior Notes Due 2030: SeniorNotesDue2030Member
Senior Notes Due 2033: SeniorNotesDue2033Member
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