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Expands into Adjacent Flexible Couplings Category
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Rexnord Corporation (NYSE:RXN) announced today that it successfully closed on the previously announced acquisition of Centa Power Transmission (Centa Antriebe Kirschey GmbH).
Centa is a producer of highly-engineered flexible couplings and shaft lines for industrial and marine applications, for power generation and rail applications. Centa's couplings are primarily used for diesel-driven applications where the couplings dampen the torsional vibrations of the engine. Headquartered in Haan, Germany, Centa has been engaging in solving complex drive train and torsional vibration challenges since 1970. Further information on Centa is available at www.centa.info.
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About Rexnord
Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 8,000 employees worldwide. The Process & Motion Control platform designs, manufactures, markets and services specified, highly engineered mechanical components used within complex systems. The Water Management platform designs, procures, manufactures and markets products that provide and enhance water quality, safety, flow control and conservation. Additional information about Rexnord can be found at www.rexnordcorp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180212005406/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.