RBC Bearings Acquires Specline, Inc.
August 21, 2023
RBC Bearings Incorporated has acquired the business assets of Specline, Inc., a Carson City, Nevada-based manufacturer of precision bearings for the commercial and defense aerospace markets, for $18.7 million. The acquisition (Specline employs 38 people and generated approximately $8.4 million in trailing twelve-month sales) expands RBC's aerospace product offering and increases its production capacity.
- Buyers
- RBC Bearings Incorporated
- Targets
- Specline, Inc.
- Sellers
- Rick Clemens, Veronica Clemens
- Industry
- Aerospace & Defense
- Location
- Nevada, United States
- Transaction Type
- Buyout
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