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Client: Avon Bearings Corporation
Situation: Avon Bearings engaged BGL as a result of its international capabilities and experience working with rapidly growing businesses.
Business: Headquartered in Avon, Ohio, Avon is a leading custom designer and manufacturer of high precision large diameter turntable bearings. Avon is one of the most respected and trusted manufacturers in the industry serving customers in a diverse set of attractive and growing end markets, including wind energy, military vehicles, construction equipment, medical equipment, radar antennas, and a variety of industrial equipment. Avon also remanufactures bearings, sells replacement bearings, and is known globally for its focus on engineering support, product quality, and proprietary manufacturing capabilities.
Results: BGL acted as exclusive financial advisor on the sale of Avon Bearings to Kaydon Corporation (NYSE:KDN).
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Deal Team
Andrew K. Petryk
Managing Director & Principal
Kevin H. Sargent
Director & Principal
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