Generac Holdings Inc. has announced the closing of the purchase agreement with Baldor Electric Company (“Baldor”), a wholly-owned subsidiary of ABB Group, to acquire substantially all of the assets of Baldor’s generator products division (“Baldor Generators”). As previously disclosed in a press release dated October 7th, 2013, Baldor Generators offers a complete line of portable, mobile, standby, and prime power generators ranging from 3kW to 2.5MW throughout North America.
Generac Completes Acquisition Of Baldor’s Generator Business
Generac will acquire Baldor’s generator products division.
November 1, 2013