◂ Announcements

Nov 9, 2021ACQUISITIONUnited States

RBC Bearings completes $2.9B acquisition of ABB's DODGE business

RBC Bearings Incorporated completed its acquisition of the DODGE mechanical power transmission division of ABB for approximately $2.9 billion in cash.

Value

$2.90B

Status

Completed

Productsbearingsmechanical power transmission productsmotion control products

CompaniesABB target RBC Bearings acquirer DODGE target

Sectors#Industrial Machinery

“We are excited to welcome our DODGE teammates to the RBC Bearings’ family.”bearing-news.com

1 source
bearing-news.comRBC Bearings Incorporated Completes Acquisition of ABB’s DODGE Mechanical Power Transmission Business - BEARING NEWSBearingNewsNov 9, 2021

Summarized from public sources; check the original articles before acting on it.

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RBC Bearings completes $2.9B acquisition of ABB's DODGE business · Endata