Pacamor Kubar Bearings said it has been purchased by Edward M. Osta, the company´s current executive vice president, and Stephen A. Angrisano, the company´s current chief financial officer.
The agreement calls for the sale of the entire business, including all the factory capabilities and certifications. The company will continue to reside in its 13,250 square foot factory, clean room assembly area, and office area. The transition will be seamless, as all employees, machinery, certifications, as well as current skills and capabilities remain in place.
The purchase price was not disclosed.
Pacamor Kubar Bearings manufactures high performance DFARS compliant miniature and instrument ball bearings for the aerospace, defense, medical, industrial, and commercial industries. Customers include major aerospace manufacturers and key resellers as well as various national laboratories and prestigious government organizations such as the National Aeronautics and Space Administration (NASA).