Carlisle Companies Completes Purchase Of MTL Holdings
Scottsdale, AZ – Carlisle Companies Incorporated (NYSE:CSL) has announced the completed purchase of MTL Holdings from GreyLion Partners for $410 million in cash.
MTL is widely recognized as a best-in-class provider of high-performance, prefabricated perimeter edge metal systems, non-insulated architectural metal wall systems, and glazing infill panels for commercial, institutional, and industrial buildings. Its
premium portfolio is comprised of a well-balanced assortment of prefabricated edge metal products under the flagship brands of Metal-Era and Hickman Edge Systems. MTL’s portfolio extends off the roof to the building envelope with fire-resistant,
non-insulated aluminum composite material (ACM), architectural wall assemblies, and glazing infill panels under the Citadel Architectural Products brand.
The acquisition of MTL Holdings is consistent with Carlisle’s Vision 2030 strategy and the strategic pivot to a pure-play building products company with a continued emphasis on synergistic M&A, increased investment in innovation, attracting
and retaining top talent, and delivering on its sustainability commitments.
About Carlisle Companies Incorporated
Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials (“CCM”) and
Carlisle Weatherproofing Technologies (“CWT”) – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle
is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture
of continuous improvement as embodied in the Carlisle Operating System (“COS”), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050. To learn more, visit carlisle.com.