RBC Bearings completes purchase of VACCO Industries
RBC Bearings Inc. has completed its previously announced acquisition of VACCO Industries from ESCO Technologies Inc. for $275 million in cash.
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 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.
INDUSTRIAL SUPPLY MAGAZINE
The July/August issue of Industrial Supply magazine features an in-depth cover story about 3BG Supply. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
