Divestiture • Manufacturing

CentroMotion Acquires Carlisle Brake & Friction

On May 25, 2021, CentroMotion acquired manufacturer Carlisle Brake & Friction from Carlisle Companies for 375M USD

Acquisition Context
  • This is CentroMotion’s 1st transaction in the Manufacturing sector.
  • This is CentroMotion’s largest (disclosed) transaction.
  • This is CentroMotion’s 1st transaction in the United States.
  • This is CentroMotion’s 1st transaction in Ohio.

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M&A Deal Summary

Date May 25, 2021
Target Carlisle Brake & Friction
Sector Manufacturing
Buyer(s) CentroMotion
Sellers(s) Carlisle Companies
Deal Type Divestiture
Deal Value 375M USD

Target Company

Carlisle Brake & Friction

Medina, Ohio, United States
Carlisle Brake & Friction is involved in the development and manufacture of highly innovative brake and friction solutions to service a diverse range of off-highway vehicle end markets, including construction, mining, agriculture, and aerospace. CBF’s products include hydraulic control products, industrial brake assemblies, and wet and dry friction materials for brake, clutch, and transmission applications. Carlisle Brake & Friction is based in Medina, Ohio.
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Buyer Overview 1

Buyer

CentroMotion

Waukesha, Wisconsin, United States

Category Company
Sector Machinery
DESCRIPTION

CentroMotion is a global company serving agriculture, specialty and commercial vehicle, construction, and other industrial end-markets with motion, actuation, and control solutions. EC&S primarily serves on and off-highway OEMs with highly engineered system-critical motion, actuation, and control solutions under brands that include CrossControl, Maximatecc, Elliott Manufacturing, Gits Manufacturing, Power-Packer, and Weasler Engineering. CentroMotion is based in Waukesha, Wisconsin.


Deal Context for Buyer #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1
Size (of disclosed) 1 of 1

Seller Profile 1

SELLER

Carlisle Companies

Scottsdale, Arizona, United States

Category Company
Founded 1917
Sector Manufacturing
Employees5,500
Revenue 5.0B USD (2024)
DESCRIPTION

Carlisle Companies is a diversified company that designs, manufactures, and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, food service, healthcare and sanitary maintenance. Carlisle Companies was incorporated in 1917 and is based in Scottsdale, Arizona.


Deal Context for Seller #
Overall 3 of 5
Sector: Manufacturing 2 of 3
Type: Divestiture 3 of 5
State: Ohio 1 of 1
Country: United States 3 of 5
Year: 2021 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 Motion Tech

Oakdale, Minnesota, United States

Motion Tech is a distributor and custom solutions provider of precision motion control (“PMC”) components and assemblies, serving OEMs and industrial companies in the packaging, medical, factory automation, semiconductor, and aerospace/defense markets. Motion Tech was founded in 1987 and is headquartered in Oakdale, Minnesota.

Buy $33M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 Henry

El Segundo, California, United States

Henry is a manufacturer of roofing and roof maintenance products. Henry also manufactures complete lines of driveways coatings, commercial specialty products, and building envelope systems. Henry professionals offer designers, contractors, and building owners a combination of technical experience and a commitment to provide quality products. Henry was founded in 1981 and is based in El Segundo, California.

Buy $1.6B