Can you add animations from one rigged character to another using Mecanim?

I have 2 rigged models, character 1 has great animation, character 2 is rigged, but the animations aren’t too good. Can I add the animations from character 1 to character 2 using Mecanim?

Any info on this would be great, thanks in advance.

As long as they have a roughly equivalent skeleton, you can.

As long as they have a roughly equivalent skeleton, you can.