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Carlisle Companies ( (CSL) ) just unveiled an announcement.
Carlisle Companies has completed the acquisition of the expanded polystyrene insulation segment of PFB Holdco, Inc., known as Plasti-Fab, for $259.5 million. This acquisition aligns with Carlisle’s Vision 2030 strategy, leveraging its mergers and acquisitions capabilities to enhance growth, achieve cost synergies, and ensure successful integration, thereby strengthening its position in the construction market across Canada and the Midwestern United States.
More about Carlisle Companies
Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions aimed at enhancing energy efficiency in buildings. Through its subsidiaries, Carlisle Construction Materials and Carlisle Weatherproofing Technologies, the company offers innovative, labor-reducing, and environmentally responsible products, committed to achieving net-zero greenhouse gas emissions by 2050.
YTD Price Performance: 30.70%
Average Trading Volume: 323,011
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.34B
For a thorough assessment of CSL stock, go to TipRanks’ Stock Analysis page.
