RBC Bearings acquires Swiss Tool Systems for $33.9M

RBC Bearings Incorporated acquired Swiss Tool Systems AG, a provider of modular tooling systems and high-precision boring and turning solutions, for approximately $33.9 million (CHF 33.0 million). Swiss Tools has about 50 employees and annual sales of approximately CHF 11.0 million.

“Swiss Tools supplies highly engineered products that are complementary to our collets business in Europe and the U.S. to a customer base that we know well and serve daily.”privateequityinternational.com

• 1 source
• privateequityinternational.comRBC Bearings acquires Swiss Tools for $33.9 mlnIris DorbianAug 15, 2019

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