The Carlyle Johnson Machine Company has been acquired by Ringfeder Power Transmission
The Carlyle Johnson Machine Company (“Carlyle Johnson") has been acquired by Ringfeder Power Transmission, a division of publicly-traded VBG Group AB (XSTO: VBG B). EdgePoint served as the exclusive financial advisor to Carlyle Johnson.
Founded in 1903, Carlyle Johnson is a leader in the design and manufacture of clutches, braking systems, and electronic controllers for use in a spectrum of mission-critical medical, military, aerospace, and general industrial applications. The combination with Ringfeder will afford added capital support and global distribution capabilities to Carlyle Johnson, and provide Ringfeder with a logical product line extension and a talented engineering function for continued product support and commercialization.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.