VBG Group acquires The Carlyle Johnson Machine Co., LLC
VBG Group has through its subsidiary Ringfeder Power Transmission US acquired all shares in The Carlyle Johnson Machine Co., LLC. Carlyle Johnson employs 50 people and has a turnover of USD 10.5 million with an adjusted EBITA-margin of 17% for 2021.VBG Group has today acquired all shares in the US company The Carlyle Johnson Machine Co., LLC for a purchase price on a cash and debt free basis of USD 16.5 million. The company was founded in 1903 in Hartford, Connecticut and designs and manufactures components for motion control that are used in industrial applications. The acquisition will