Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sat., Apr. 27, 11:51 AM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
Slide #75. RBC Bearings Incorporated — Turbine Components Inc.
Acquirer: |
RBC Bearings Incorporated (ROLL) |
Acquiree: |
Turbine Components Inc. |
Details: |
RBC Bearings Incorporated (NASDAQ:ROLL), a leading international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, today announced that it has acquired the net assets and business of Turbine Components Inc. ("TCI") for approximately $3.9 million. |
RBC Bearings is a manufacturer and marketer of engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries. Co.'s two reportable business segments are Industrial and Aerospace/ Defense. Industrial segment's representative applications are mining, energy, construction, wind equipment and material handling; packaging and canning machinery; semiconductor equipment; hydraulics, valves and fasteners; and industrial gears, components and collets. Aerospace/Defense segment's representative applications are airframe control and actuation; missile launchers; aircraft hydraulics; radar and night vision systems; and space applications.
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April 27, 2024 11:51 AM Eastern
Buy (3.00 out of 4)
100th percentile
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