RBC Bearings has initiated their acquisition of Dover’s Sargent Aerospace & Defense by signing the $500 million deal. This is the first company to be acquired by RBC Bearings within the last 15 months, with the last being Western Precision Aero LLC, Climax Metal Products Company, and Turbine Components Inc. in 2013. Financed through cash and senior debts, the finalization of the acquisition looks to be completed in the fiscal first quarter of 2016.

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