CentroMotion, a leading designer and manufacturer of highly engineered components and systems for the industrial and transportation markets, has entered into a definitive agreement to acquire Carlisle Brake & Friction (CBF), the largest global manufacturer of friction materials and mechatronic solutions for off highway brake and transmission products, from Carlisle Companies Incorporated.
CBF will join CentroMotion’s growing portfolio of highly respected global brands, currently comprised of CrossControl, Elliott Manufacturing, Gits Manufacturing, maximatecc, Power-Packer and Weasler Engineering. CentroMotion is headquartered in Waukesha, Wis., with approximately 2,000 employees serving customers across 50 countries.
Founded in 1920, CBF is headquartered in Medina, Ohio, with approximately 1,350 employees serving customers across 70 countries.
“As we became better acquainted with the CBF team, we found that they share CentroMotion’s commitment to quality, continuous improvement, and a compelling customer value proposition differentiated by subject matter expertise, application knowledge, and leading technologies. Together, an integrated CBF and CentroMotion will serve as a holistic solutions provider to our joint customer base, with unparalleled breadth and depth of offerings across platforms and product lines,” says Roger Roundhouse, CEO, CentroMotion. “We welcome CBF to the CentroMotion family and look forward to advancing our mission of providing highly engineered products that safely and efficiently move, build and feed the world.”
“CentroMotion’s values align well with CBF’s culture of innovation, customer service and manufacturing excellence,” says Ted Messmer, president, CBF. “Joining forces with CentroMotion provides CBF employees with the exciting opportunity to continue to work closely with blue chip OEMs around the world to solve their most pressing challenges.”