By Katherine Hamilton
RBC Bearings has agreed to acquire Vacco Industries from Esco Technologies for $310 million.
RBC, which makes precision bearings and other products for the defense and industrial industries, said Tuesday it expects the deal to close this summer.
Vacco manufactures valves, manifolds and other components for space and naval defense companies. It recorded $118 million in revenue during the 12-month period ended March 31.
RBC plans to integrate Vacco into its aerospace and defense segment upon closing the deal, it said. It expects to finance the acquisition through additional borrowings under its existing credit agreement and cash on-hand.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
May 20, 2025 16:11 ET (20:11 GMT)
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