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VBG Group Acquires The Carlyle Johnson Machine Co.



VBG Group has, through its subsidiary Ringfeder Power Transmission USA, acquired all shares in The Carlyle Johnson Machine Co., LLC. The company was founded in 1903 in Hartford, CT, and designs and manufactures components for motion control that are used in industrial applications.

Carlyle Johnson's product suite includes mechanical, electrical and pneumatic clutches and braking systems, as well as associated electrical controls and lubrication seals for medical, aerospace, industrial and defense product applications.

"Carlyle Johnson's products live up to unique safety requirements as they are used in critical processes and contexts. High product reliability in combination with high innovation capacity has meant that Carlyle Johnson's products are currently used in, for example, surgical robots," said a spokesperson.

The acquisition strengthens VBG Group's industrial business, and the company will be part of the Ringfeder Power Transmission division.

"This acquisition complements us in a natural way," said Thomas Moka, Division Manager for Ringfeder Power Transmission. "Through Carlyle Johnson, we complement our existing product portfolio and enter interesting high market growth segments such as medical equipment. Above all, I see clear synergies in the organization and a great potential for our sales organization to market Carlyle Johnson's products in new markets."

Michael Gamache, CEO of Carlyle Johnson, added: "We see that VBG Group has the strength and the industrial knowledge to develop Carlyle Johnson further. We share the long-term perspective and have the same values, which means that our companies fit together well."

For more information contact:

Ringfeder Power Transmission USA

165 Carver Ave.

Westwood, NJ 07675

888-746-4333

www.ringfeder.com

The Carlyle Johnson Machine Co.

291 Boston Turnpike

Bolton, CT 06043

860-643-1531

www.cjmco.com

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