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Throwback Thursday

Today is Thursday, April 13, the 103rd day of the year. There are 262 days remaining in 2023. Below are news items found in the Creston News Advertiser for this week in history.

CentroMotion to Acquire Carlisle Brake & Friction

WAUKESHA, Wis. CentroMotion, a leading designer and manufacturer of highly engineered components and systems for the industrial and transportation markets, announced it has entered into an 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 (NYSE: CSL). CBF will join CentroMotion’s growing portfolio of global brands, currently comprised of CrossControl, Elliott Manufacturing, Gits Manufacturing, maximatecc, Power-Packer and Weasler Engineering. Related post: CentroMotion is headquartered in Waukesha, Wisconsin 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. Since 2019, CentroMotion has been owned by an affiliate of One Rock Capital Partners, LLC (“One Rock”

CentroMotion to acquire Carlisle Brake

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.

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