News

Rexnord to Acquire Cambridge International Holdings Corp.

Rexnord (NYSE: RXN) announced today that it has entered into a definitive agreement to acquire Cambridge International Holdings Corp. for an estimated total transaction value of $210 million. Subject to customary closing conditions, the transaction is expected to close in the next 30 days.

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New Coupling Installation Videos Online

Rexnord recently expanded its video library on its YouTube channel by adding five new coupling “How to” installation videos — this brings the total of featured videos on the channel to more than 40.

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Rexnord 1553 LBP MatTop Chain Launches Worldwide

Designed specifically for today’s demanding tray-less conveying and accumulating environments, Rexnord recently launched its new Rexnord 1553 Low Backline Pressure (LBP) MatTop Chain for the beverage & liquid, food, and warehouse & distribution industries.

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Rexnord Enhances Online Experience

Rexnord has redesigned the Power Transmission website to enhance the online experience through application of innovative tools and capabilities that support ease of doing business.

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Rexnord to Acquire Euroflex

Rexnord announced today that it has entered into a definitive agreement to acquire Euroflex Transmissions (India) Private Limited (“Euroflex”). Euroflex serves global original equipment manufacturers (OEMs) from its base in Hyderabad, India, and has annual revenues of approximately $16 million (USD). Closing is anticipated in November.

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Rexnord Acquires Tollok

Rexnord today announced that it has acquired Tollok S.p.A. Based in Ferrara, Italy, Tollok serves a global customer base and has annual revenues of approximately €17 million (Euro).

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Donald Nelson Named President of Rexnord Aerospace

Rexnord today announced that Donald Nelson has re-joined Rexnord as a Group Executive & President, Aerospace. Don served at Rexnord from 2006-2011 in various leadership roles within the Gear business, as well as having led the Seal business as part of the Aerospace group.
 

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Rexnord Acquires Micro Precision Gear Technology

Rexnord announced today that it has acquired the assets of Micro Precision Gear Technology Limited (“Micro-Precision”), a UK-based manufacturer of specialty precision gears for the aerospace industry.