The latest update is out from Carlisle Companies ( (CSL) ).
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Carlisle Companies is set to expand its influence in the North American expanded polystyrene insulation market with the acquisition of Plasti-Fab for $259.5 million. This strategic move aligns with Carlisle’s Vision 2030 strategy, promising significant growth and cost synergies. Plasti-Fab, a leader in EPS products across Canada and the U.S., will enhance Carlisle’s market presence and add approximately $0.30 to adjusted earnings per share by 2025. The acquisition, expected to close in late 2024, reinforces Carlisle’s commitment to innovation and strategic M&A opportunities.
See more data about CSL stock on TipRanks’ Stock Analysis page.
