secwatch.observer — SEC 8-K summary
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Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001104659-23-037123
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 2.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord completes $4.95B acquisition of Altra; sees $160M annual synergies by year four
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- Acquired Altra for $62.00/share cash, total enterprise value ~$4.95B including $837M net debt assumed.
- Expects annualized cost synergies of $160M by year four, plus cross-marketing revenue opportunities.
- New segment structure: IPS (~37% pro forma sales), PES (~31%), AMC (~24%), Industrial Systems (~8%).
- Affirms FY2023 guidance: GAAP diluted EPS $5.64-$6.44, adjusted diluted EPS $10.05-$10.85.
- Targets 2025 pro forma revenue ~$8.3B, adjusted EBITDA margins >25%, adjusted EPS ~$18, FCF ~$1.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000110465923037123/0001104659-23-037123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000110465923037123/tm2310500d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-037123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer