Market Overview

Barnes Group Inc. Acquires Industrial Gas Springs Group Holdings Limited

  • Industrial Gas Springs is a Recognized Manufacturer and Supplier of
    Customized Gas Springs Serving Diversified End Markets
  • Acquisition Furthers Barnes Group's Force and Motion Control
    Capabilities and Product Offerings

Barnes Group Inc. (NYSE:B), a global provider of highly engineered
products and differentiated industrial technologies, today announced
that it has acquired Industrial Gas Springs Group Holdings Limited
("IGS"). IGS is a recognized designer, manufacturer and supplier of
customized gas springs.

IGS is headquartered in the United Kingdom, with distribution and
assembly capabilities in the United States. The company has diversified
end markets including general industrial, transportation, aerospace, and
medical, among others. IGS will operate as a business within Barnes
Group's Industrial Segment, as part of the Nitrogen Gas Products ("NGP")
strategic business unit.

"We look forward to adding IGS's force and motion control product
applications to our NGP business," said Scott A. Mayo, Senior Vice
President, Barnes Group Inc. and President, Barnes Industrial. "Their
complementary, highly diversified end markets and strong customized
product application engineering represent a great opportunity for us to
scale and broaden NGP's technology portfolio and customer base."

The transaction is not material to Barnes Group's consolidated financial
position or liquidity.

About Barnes Group

Barnes Group Inc. (NYSE:B) is a global provider of highly engineered
products, differentiated industrial technologies, and innovative
solutions, serving a wide range of end markets and customers. Its
specialized products and services are used in far-reaching applications
including aerospace, transportation, manufacturing, healthcare, and
packaging. Barnes Group's skilled and dedicated employees around the
globe are committed to the highest performance standards and achieving
consistent, sustainable profitable growth. For more information, visit

Forward-Looking Statements

This press release contains forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements address our expected future operating and financial
performance and financial condition, and often contain words such as
"anticipate," "believe," "expect," "plan," "strategy," "estimate,"
"project," and similar terms. These forward-looking statements do not
constitute guarantees of future performance and are subject to a variety
of risks and uncertainties that may cause actual results to differ
materially from those expressed in the forward-looking statements. These
risks include uncertainties relating to conditions in financial markets;
currency fluctuations and foreign currency exposure; future financial
performance of the industries or customers that we serve; our ability to
successfully close and integrate recently announced and future
acquisitions; risks associated with international sales and operations;
the ability to maintain adequate liquidity and financing sources; and
general economic conditions affecting the industries we serve. A
detailed discussion of these and other factors that may affect our
future results is contained in Barnes Group Inc.'s filings with the U.S.
Securities and Exchange Commission, including its most recent reports on
Form 10-K, 10-Q, and 8-K. The Company assumes no obligation to update
our forward-looking statements.

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