OXFORD, CT — RBC Bearings Incorporated, an international manufacturer of highly-engineered precision bearings and components for the industrial, defense and aerospace industries, announced the sale of its subsidiary, Avborne Accessory Group, Inc., located in Miami, FL, to AerSale, Inc. for $21.5 million, subject to a working capital adjustment. Avborne Miami provides maintenance, repair, and overhaul services for a wide variety of aircraft accessories.
Lazard acted as the exclusive financial advisor to RBC Bearings.
