Provider of sealants and coatings for the UK and European building
and construction markets
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
Carlisle Companies Incorporated (NYSE:CSL) today announced the
acquisition of Arbo Holdings Limited, a leading provider of sealants,
coatings and membrane systems used by architects and contractors for
waterproofing and sealing buildings and other structures.
With annual sales of approximately $14 million and 72 employees, Arbo is
based in Belper, England, where the company manufactures a range of
sealants, coatings and other building envelope products to the UK and
European construction markets for waterproofing and air and vapor
barrier applications. The company was privately-owned and has been in
business for many years. The Arbo brand has excellent industry
recognition and the company enjoys a leading position in the UK
construction and waterproofing markets.
The business will operate as a unit within Carlisle Construction
Materials, a manufacturer of a complete range of roofing and
waterproofing products for commercial and industrial buildings,
including single-ply roofing, rigid foam insulations, below grade
waterproofing and air/vapor barrier systems.
D. Christian “Chris” Koch, Carlisle’s President and Chief Executive
Officer, said: “The acquisition of Arbo complements our leading position
in EPDM (rubber) roofing systems in Europe and adds new products to our
weatherproofing offerings used to improve the thermal performance of
buildings. Arbo provides Carlisle additional channels for our existing
products and a strong foundation from which to grow Arbo’s business
throughout Europe. We are pleased to welcome the Arbo team to Carlisle.”
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally use words such as “expect,” “foresee,”
“anticipate,” “believe,” “project,” “should,” “estimate,” “will,”
“plans,” “forecast” and similar expressions, and reflect our
expectations concerning the future. The Company cannot give any
assurance that the results forecasted in any forward-looking statement
will actually be achieved. Future results could differ materially
from those expressed, due to the impact of changes in various factors
including, but not limited to risks related to the Company’s integration
of the acquired business, whether and when the Company will be able to
realize the expected financial results and accretive effect of the
transaction; and how customers, competitors, suppliers and employees
will react to the transaction. Actual results may differ
materially from the Company’s expectations due to changes in global
economic, business, competitive, market and regulatory factors. More
detailed information about these factors is contained in the Company’s
filings with the Securities and Exchange Commission. The Company
undertakes no duty to update forward-looking statements.
About Carlisle Companies Incorporated
Carlisle Companies Incorporated diversified global company with a
portfolio of businesses focused on the manufacture and distribution of
highly engineered products for both original equipment and aftermarket
channels. Carlisle’s markets include: commercial roofing, energy,
agriculture, mining, construction, aerospace, defense, foodservice,
healthcare, sanitary maintenance, transportation, industrial, protective
coating and auto refinishing. Leveraging the Carlisle Operating System
(COS) and an entrepreneurial spirit to drive continuous improvement,
Carlisle’s worldwide team of employees generated $3.5 billion in net
sales in 2015. Learn more about Carlisle at www.carlisle.com.

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Source: Carlisle Companies Incorporated