An Oxford-based manufacturer of precision bearings, RBC Bearings Inc., has acquired VACCO Industries from machine company ESCO Technologies Inc. for $275 million. RBC, a publicly traded company listed on the New York Stock Exchange, announced Monday that it had completed the previously announced deal. The purchase price was paid with a draw under RBC’s $500 […]
An Oxford-based manufacturer of precision bearings, RBC Bearings Inc., has acquired VACCO Industries from machine company ESCO Technologies Inc. for $275 million.
RBC, a publicly traded company listed on the New York Stock Exchange, announced Monday that it had completed the previously announced deal.
The purchase price was paid with a draw under RBC’s $500 million bank revolving credit facility and cash on hand, the company said.
RBC makes precision bearings, components and essential systems for the aerospace, defense and industrial industries.
VACCO, headquartered in South El Monte, California, manufactures valves, manifolds, regulators, filters and other precision components and subsystems for the space and naval defense channels.
In recent years, RBC has acquired businesses in
Nevada and
South Carolina.
ESCO Technologies, headquartered in St. Louis, is also traded on the New York Stock Exchange.
