Carlisle Companies acquires off-highway brake business

Charlotte, North Carolina — Carlisle Companies Inc. has announced the acquisition of the off-highway brake assets of ArvinMeritor, Inc. for approximately $39 million. The transaction includes manufacturing assets from the ArvinMeritor facilities in York, SC and Cwmbran, South Wales, UK. Carlisle provides off-highway braking systems and specialty friction products through Carlisle Industrial Brake & Friction and on-highway heavy-duty braking and friction products through Carlisle Motion Control.

Richmond McKinnish, Carlisle’s President and CEO, commented, “We are very excited to be expanding our off-highway braking business which serves…

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