PRESS RELEASE
Issued by: RBC Aerospace Bearings
RBC Bearings Incorporated, a prominent international manufacturer of highly engineered precision bearings, components and essential systems for the aerospace, defense and industrial industries, today announced that it has completed its previously announced acquisition of VACCO Industries from ESCO Technologies Inc. for $275 million in cash subject to post-closing adjustments. The purchase price was paid with a draw under RBC’s $500 million bank revolving credit facility and cash on hand.
With headquarters in South El Monte, California, VACCO is a prominent manufacturer of valves, manifolds, regulators, filters, and other precision components and subsystems for the space and naval defense channels. VACCO’s products are highly engineered mission-critical components, designed to perform seamlessly in extreme environments.
| Contact details from our directory: | |
| RBC Aerospace Bearings | Bearings |
| ESCO Technologies Inc. | |
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| Bearings |
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