ESCO Completes Divestiture Of VACCO Industries
1. ESCO Technologies completed divestiture of VACCO Industries to RBC Bearings. 2. The transaction generated approximately $275 million in net proceeds. 3. ESCO specializes in engineered products for diverse end-markets including aerospace and utilities. 4. The company maintains a strong global presence with operations worldwide. 5. The divestiture aligns ESCO with focused business strategies.