Walder Wyss advises WEG on acquisition of Regal Rexnord

Walder Wyss advises WEG as Swiss counsel in the USD 400 million acquisition of the industrial electric motors and generators business of the Regal Rexnord Corporation, a global manufacturer of electromechanical equipment. The transaction encompasses the acquisition of manufacturing sites and commercial branches in 11 countries and a team of approximately 2,800 employees worldwide. The completion of this transaction is contingent upon approvals from governmental authorities in various jurisdictions and is anticipated to close in the latter half of 2024. With a revenue of USD 541.5 million, the acquisition aims to support WEG’s growth in the global markets of motors and generators.

The team was led by partner Alex Nikitine (corporate / M&A, pictured left) and managing associate Marion Bähler (corporate / M&A, pictured right) and further included Simone Wetzstein (partner, employment), Erik Lanz (associate, corporate / M&A), Angelina Pellegrini (associate, employment) and Katharina C. Röhl (associate, IP/IT).

Guggenheim Securities is serving as financial advisor to Regal Rexnord, and Godfrey & Kahn is serving as legal counsel.