Rogers to finance Arlon purchase with bank credit facility borrowings

By Tali Rackner

Norfolk, Va., Dec. 19 – Rogers Corp. plans to use a combination of cash and borrowings under an existing bank credit facility to finance its $157 million acquisition of Arlon, LLC, according to a press release.

The transaction is expected to close in the first half of 2015.

The Rogers, Conn.-based company focuses on worldwide markets that support high technology applications, such as cellular base stations and antennas, handheld wireless devices, satellite television receivers, wind and solar energy applications and hybrid, including electric, vehicles.

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