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Rexnord Acquires Tollok

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Today Rexnord (NYSE:RXN) 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 EUR17 million (Euro).

Tollok is a leading supplier of highly engineered shaft locking devices for the power generation and process industries, as well as general industrial applications. Tollok products are used to secure rotating shafts, manage torque transmission, and counteract shaft bending and vibration. With more than 20 years of application experience, the company’s product technology and expertise help customers manage process variability and maximize uptime.

“Rexnord is excited to expand our portfolio of power transmission technologies by offering well-regarded Tollok products,” said Kevin Zaba, President, Power Transmission. “Tollok is a logical extension of our focus on maximizing uptime and reliability for our industrial customers. We see significant opportunities to accelerate its market penetration in key regional markets.”

Tollok supports Rexnord strategies to accelerate growth by adding complementary products to its leading commercial presence and expanding its global reach. Combining the applications expertise of Rexnord and Tollok creates additional value for customers and enables expanded access into current and adjacent markets.

About Rexnord

Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 7,400 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 the company can be found at www.rexnord.com.

Cautionary Statement on Forward-Looking Statements

Information in this release may involve outlooks, expectations, beliefs, plans, intentions, strategies or other statements regarding the future, which are forward-looking statements. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Rexnord as of the date of the release, and Rexnord assumes no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance, and actual results could differ materially from current expectations. Numerous factors, such as Rexnord’s ability to integrate the businesses and operations into Rexnord and the potential disruptions inherent in any acquisition, could cause or contribute to such differences. Please refer to “Risk Factors” and “Cautionary Notice Regarding Forward-Looking Statements” in Rexnord’s Form 10-K for the fiscal year ended March 31, 2014 as well as Rexnord’s annual, quarterly and current reports filed on Forms 10-K, 10-Q and 8-K from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with the business.

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