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RBC Bearings to Acquire VACCO Industries & Boost Product Portfolio
RBCRBC Bearings(RBC) ZACKS·2025-05-22 00:46

RBC Bearings Incorporated (RBC) recently announced that it has signed a definitive deal with ESCO Technologies Inc. (ESE) to acquire VACCO Industries for about 310millionincash.RBCisexpectedtofundthetransactionthroughborrowingsunderitscurrentcreditagreementandcashonhand.RBCssharesweredown1310 million in cash. RBC is expected to fund the transaction through borrowings under its current credit agreement and cash on hand.RBC’s shares were down 1% yesterday to eventually close the trading session at 373.30.Based in South El Monte, CA, VACCO is engaged in producing valves, filters, regulators and other precision components and subsystems ...