ESCO Completes Divestiture Of VACCO Industries

Rhea-AI Summary

ESCO Technologies (NYSE:ESE) has successfully completed the divestiture of VACCO Industries to RBC Bearings (NYSE:RBC) for net proceeds of approximately $275 million. The transaction, initially announced on May 20, 2025, includes customary working capital adjustments for operations since the announcement.

ESCO Technologies remains focused on its core business as a global provider of engineered products and solutions, including filtration and fluid control products, advanced composites, power management solutions, and RF test and measurement products serving diverse end-markets including aviation, Navy, space, and industrial customers.

Positive

• Received significant cash proceeds of $275 million from the divestiture
• Strategic move to optimize portfolio and focus on core business segments
• Transaction completed as planned following May 2025 announcement

Negative

• Loss of VACCO Industries' revenue stream and market presence
• Reduction in business diversification

St. Louis, July 21, 2025 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE:ESE) completed the previously announced divestiture of VACCO Industries to RBC Bearings Incorporated (NYSE: RBC), an international manufacturer and marketer of highly engineered precision bearings and products, headquartered in Oxford, Connecticut. Net proceeds on the transaction were approximately $275 million reflecting customary working capital adjustments attributable to operating activities since the time of the transaction announcement on May 20, 2025.

ESCO Technologies is a global provider of highly engineered products and solutions serving diverse end-markets. It manufactures filtration and fluid control products, advanced composites, as well as signature and power management solutions for aviation, Navy, space, and industrial customers. ESCO is an industry leader in designing and manufacturing RF test and measurement products and systems; and provides diagnostic instruments, software and services to industrial power users and the electric utility and renewable energy industries. Headquartered in St. Louis, Missouri, ESCO and its subsidiaries have offices and manufacturing facilities worldwide. For more information on ESCO and its subsidiaries, visit ESCO’s website at www.escotechnologies.com.

SOURCE ESCO Technologies Inc.
Kate Lowrey, Vice President of Investor Relations, (314) 213-7277

FAQ

How much did ESCO Technologies (NYSE:ESE) receive for the sale of VACCO Industries?

ESCO Technologies received net proceeds of approximately $275 million from the sale of VACCO Industries to RBC Bearings, including customary working capital adjustments.

Who acquired VACCO Industries from ESCO Technologies?

RBC Bearings Incorporated (NYSE: RBC), an international manufacturer of engineered precision bearings and products headquartered in Oxford, Connecticut, acquired VACCO Industries.

When was the VACCO Industries divestiture initially announced by ESCO?

The divestiture was initially announced on May 20, 2025 and completed on July 21, 2025.

What are ESCO Technologies' remaining business segments after the VACCO sale?

ESCO Technologies continues to operate in filtration and fluid control products, advanced composites, signature and power management solutions, RF test and measurement products, and provides diagnostic instruments and services to industrial power users and utilities.

How will the VACCO Industries sale affect ESCO Technologies' market position?

The sale allows ESCO to optimize its portfolio and focus on core business segments, though it reduces business diversification and eliminates VACCO Industries' revenue stream.