Carlisle Cos. Completes Sale of Carlisle Brake & Friction - Modern Distribution Management

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Carlisle Cos. Completes Sale of Carlisle Brake & Friction

The company in May announced it was selling the division to CentroMotion for $375 million.
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Carlisle Cos. Inc. (NYSE: CSL), Scottsdale, Arizona, has completed the sale of its Carlisle Brake & Friction (CBF) division to CentroMotion in a deal worth up to $375 million. The company announced the sale in May.

CBF makes brake and friction solutions for off-highway vehicle markets, including construction, mining, agriculture and aerospace. The CBF segment reported $275.3 million of revenue in 2020

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Eric Smith

Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
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