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RBC Bearings

Market: 
VC
Type: 
Cash Acquisition
Industry: 
Engineering & Machinery
Raised: 
£2.17 million
Date: 
May 2007

Contacts

CEO: Dr Michael Harnett (001) 203 267 7001

Advisers

Eversheds

Senator House
85 Queen Victoria St
London
EC4V 4JL
Neil Matthews
0845 497 9797

Comment

US NASDAQ-listed manufacturer RBC Bearings acquisition of Gloucester-based Phoenix Bearings for £2.17 million in cash.

RBC and Phoenix manufactures bearings for the steel and mining industries as well as other general industrial applications.

CEO Dr Michael Hartnett: (001) 203 267 7001

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