ESCO Technologies Inc. announced the completion of the previously announced divestiture of VACCO Industries to RBC Bearings Incorporated. This transaction finalizes a key strategic move to streamline ESCO's business portfolio.
The net proceeds from the divestiture amounted to approximately $275 million, reflecting customary working capital adjustments since the initial transaction announcement on May 20, 2025. These proceeds are intended to be used for paying down debt incurred from the recent Maritime acquisition.
The completion of this divestiture allows ESCO Technologies to further focus its operations on core high-growth end-markets, enhancing its strategic positioning and financial flexibility. This move is part of the company's ongoing efforts to optimize its business segments for long-term value creation.
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