RBC Bearings Incorporated (NasdaqGS:ROLL) agreed to acquire Dodge Business of ABB India Limited for INR 430 million on July 28, 2021. The consideration price is subject to adjustments once the business transfer agreement has been executed. The Dodge Business had a turnover of INR 300 million for the financial year ended on December 31, 2020. The transaction is expected to close by the end of 2021.

RBC Bearings Incorporated (NasdaqGS:ROLL) completed the acquisition of Dodge Business from ABB India Limited (BSE:500002) for approximately INR 450 million for quarter ending December 2021.