M&A Deal Summary |
|
|---|---|
| Date | 2021-07-26 |
| Target | ABB - DODGE Mechanical Power Transmission Business |
| Sector | Manufacturing |
| Buyer(s) | RBC Bearings |
| Sellers(s) | ABB |
| Deal Type | Divestiture |
| Deal Value | 2.9B USD |
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| Category | Company |
|---|---|
| Founded | 1919 |
| Sector | Machinery |
| Employees | 5,302 |
| Revenue | 1.6B USD (2024) |
RBC Bearings provides industrial, aerospace, and defense customers with unique design solutions to complex problems and an unparalleled level of service, quality, and support. RBC Bearings was founded in 1919 and is based in Oxford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector (Manufacturing) | 1 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (South Carolina) | 1 of 1 |
| Country (United States) | 5 of 6 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-15 |
Swiss Tool Systems AG
Burglen, Switzerland Swiss Tool Systems AG is a provider of modular tooling systems and high-precision boring and turning solutions for metal cutting machines. Swiss Tool Systems is based in Burglen, Switzerland. |
Buy | $34M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-21 |
Specline
Carson City, Nevada, United States Specline is a manufacturer of precision bearings for the commercial and defense aerospace markets. Specline has a diverse aerospace customer base and employs 38 skilled professionals. The business produces standard and custom configuration precision spherical bearings, rod ends and journal bearings. Specline was formed in 1970 and is based in Carson City, Nevada. |
Buy | $19M |
| Category | Company |
|---|---|
| Founded | 1883 |
| Sector | Engineering |
| Employees | 108,700 |
| Revenue | 32.2B USD (2023) |
ABB is an engineering company that helps customers use electrical power effectively and increase industrial productivity in a sustainable way. ABB creates and supports a range of products, systems and services that increase energy efficiency, reliability and productivity for a variety of industrial, utility, and transport and infrastructure customers. ABB was founded in 1883 and is based in Zurich, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Manufacturing) | 1 of 1 |
| Type (Divestiture) | 8 of 8 |
| State (South Carolina) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-20 |
ASTI Mobile Robotics
Burgos, Spain ASTI Mobile Robotics is an autonomous mobile robot (AMR) manufacturer with a broad portfolio across all major applications enabled by the company’s software suite. Its operations include project analysis, development, manufacturing, installation, and maintenance of automated material handling solutions. ASTI Mobile Robotics was founded in 1982 and is based in Burgos, Spain. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-19 |
PowerTech Converter
Berlin, Germany PowerTech Converter provides electric power supply systems for automotive vehicles. PowerTech Converter is based in Berlin, Germany. |
Buy | - |
