RBC Bearings Incorporated (NYSE: RBC) has announced the acquisition of PSC Couplings, LLC by its subsidiary, Dodge Industrial, Inc., for $24.2 million in cash.
PSC Couplings, based in Richfield, Wisconsin, specializes in manufacturing disc coupling solutions for various industrial applications requiring high reliability and performance.
The company reported net sales of approximately $15.1 million over the past year.
This acquisition is expected to enhance Dodge Industrial's product offerings and strengthen its position in the industrial sector.
RBC Bearings continues to expand its portfolio with strategic acquisitions aimed at boosting its capabilities in the industrial, aerospace, and defense markets.