Mergers and acquisitions have been a driving force behind Carlisle’s sustained growth over our history, including over 80 acquisitions in the past 30 years. In the past decade alone, we have deployed over $4 billion and contemplate deploying a further $3 billion under Vision 2025. We seek synergistic acquisitions in core or adjacent markets. Characteristics of our investments include: highly specialized and highly engineered manufactured products; high performance, mission critical products designed to operate in harsh environments; and strong brands with leading market positions. Our current focus is to build out our Building Envelope platform within our Construction Materials business (CCM) and higher returning businesses.
In the past decade, we have changed the focus of our M&A during important transitions in the business cycle. In the first few years of the 2010s, we focused primarily on building our Interconnect Technologies (CIT). After the launch of Vision 2025, we pivoted to CCM, while also seeking strategic tuck-in acquisitions for CIT and to build new platforms within our Fluid Technologies (CFT) business.
In 2021, we further refined our focus to our highest returning businesses.