PRESS RELEASE
Issued by: Cablecraft Motion Controls
Cablecraft Motion Controls, a Torque Capital Group portfolio company, announced today that it has completed the purchase of Radial Bearing Corp., a leading designer and manufacturer of rod ends and spherical bearings. Based in Danbury, Conn., Radial has a rich history of delivering engineered solutions in the aerospace, defense, and industrial markets.
“The acquisition of Radial provides an opportunity for Cablecraft to expand our product offerings and end markets further strengthening our existing Linkage product line based in New Haven, Ind.,” said Daniel Pappano, chief executive officer of Cablecraft. “Through the combination of new product technologies including self-lubricating PTFE-lined products, strong presence in aerospace and defense, and exceptional quality, Radial will continue to accelerate Cablecraft’s ambitious growth plans.”
“This is our fourth addition to the Cable Manufacturing & Assembly platform, following our earlier acquisitions of Glassmaster Controls, Cablecraft, and most recently the wholesale distribution business from Instrument Sales & Service,” said Jonathan Saltzman, managing partner of Torque Capital Group. “Radial’s aerospace product portfolio and breadth of customer application knowledge make it an ideal fit with our strategy to further grow and diversify Cablecraft’s ability to provide a broad portfolio of engineered motion control solutions to a variety of end markets.”
| Contact details from our directory: | |
| Radial Bearing Corporation | Spherical Bearings, Rod End Bearings |
| Cablecraft Motion Controls | Control Cable, Ball Joints, Clevis Pins, Push-Pull Control Assemblies |
| Related directory sectors: |
| Bearings |
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