International bearings manufacturer RBC Bearings Inc. (NASDAQ: ROLL), Oxford, CT, has acquired Climax Metal Products Co., Mentor, OH, for $13.6 million.
CMP is a manufacturer of precision shaft collars, rigid couplings, keyless locking devices and bearings for the industrial markets. Sales in 2012 were $14.1 million.
“The addition of Climax Metal Products Company supports our long-term growth strategy as we continue to expand and complement our existing product portfolio, customer base and distribution channels,” said Dr. Michael J. Hartnett, CEO.