CentroMotion Announces Appointment of Aaldert de Boer as Senior Vice President—Transportation Segment

Aaldert de Boer has been named Senior Vice President – Transportation Segment of CentroMotion, a leading designer and manufacturer of highly engineered components and systems for the industrial and transportation markets.

Aaldert has led an impressive career in the mechanical and industrial industry, working for companies including Partek Cargotec, Wipro Infrastructure Engineering and Olaer, where he held several management positions focused on sourcing, logistics, organizational effectiveness, and strategy.

Most recently, Aaldert served as the General Manager for Parker Hannifin’s Pneumatic division in Europe. Additionally, he also led the Cylinder Division in Europe, where he was focused on driving sales performance, safety, customer service and employee engagement.

In his new role, de Boer will play an important role in the evolution of the organization, reinforcing synergies amongst cross-functional teams, while driving continuous improvement of processes and products.

De Boer holds a Bachelor in Mechanical Engineering from the Technical University in Leeuwarden and a Bachelor in Finance from the University ‘Windesheim’ in Zwolle – the Netherlands.

About CentroMotion

CentroMotion designs and delivers highly engineered products that enhance the safety, reliability and productivity of equipment used in transportation, agriculture, construction, mining and demanding industrial environments. Our innovative team works collaboratively with customers through our family of trusted, established brands, bringing deep subject-matter expertise in complementary technologies. This expertise, combined with our exceptional scale and geographic reach, makes us a reliable partner to help our customers achieve their goals, and provide end users with the best equipment possible. Our well-known brands include Power-Packer for hydraulic motion control and stabilization systems; CrossControl and maximatecc for operator information and human-machine interface systems; Elliott Manufacturing and Weasler Engineering for power and force transmission through flexible and rigid driveline systems; Gits Manufacturing for high-performance engine thermal and emission control solutions; and Carlisle Brake & Friction for materials and mechatronic solutions for off-highway brake and transmission products. Learn more about CentroMotion at www.centromotion.com.

About Lone Star
Lone Star, founded by John Grayken, is a leading private equity firm advising funds that invest globally in real estate, equity, credit, and other financial assets. Since the establishment of its first fund in 1995, Lone Star has organized 22 private equity funds with aggregate capital commitments totaling approximately $86 billion. The firm organizes its funds in three series: the Commercial Real Estate Fund series; the Opportunity Fund series; and the U.S. Residential Mortgage Fund series. Lone Star invests on behalf of its limited partners, which include institutional investors such as pension funds and sovereign wealth funds, as well as foundations and endowments that support medical research, higher education, and other philanthropic causes. For more information regarding Lone Star Funds, go to www.lonestarfunds.com.

About One Rock Capital Partners
One Rock makes controlling investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire and enhance businesses in select industries. The involvement of these Operating Partners affords One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and its profitability to enhance long-term value. For more information, visit www.onerockcapital.com.