May 26, 2021
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.