RBC Bearings (RBC) “announced that it has entered into a definitive agreement to acquire VACCO Industries from ESCO Technologies Inc. (ESE) for $310 million in cash. 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. The Company’s products are highly engineered mission-critical components, designed to perform seamlessly in extreme environments. For the 12-month period ending March 31, 2025, VACCO generated revenue of approximately $118 million. The business will be integrated into RBC’s Aerospace and Defense segment upon closing of the deal.”
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBC:
- RBC Bearings price target raised to $415 from $390 at Morgan Stanley
- RBC Bearings: Strong Demand and Strategic Growth Drive Overweight Rating and Increased Price Target
- RBC Bearings’ Earnings Call Highlights Strong Growth
- RBC Bearings price target raised to $405 from $375 at Truist
- RBC Bearings: Strong Performance and Promising Future Potential Justify Buy Rating