Carlisle (CSL) to Acquire Hertalan Holding in ~$50M Deal
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Carlisle Companies Incorporated (NYSE: CSL) has entered into a definitive agreement to acquire Hertalan Holding B.V., for a purchase price of approximately €38 million ($50 million at current exchange rates). Hertalan is a leading manufacturer of EPDM-based (rubber) roofing membranes and industrial components serving key European markets. With annual sales of approximately €25 million, Hertalan has 130 employees and operates facilities in Kampen, the Netherlands and Baia Mare, Romania. The business will operate within Carlisle’s Construction Materials (CCM) segment.
The transaction is subject to customary closing conditions, including obtaining regulatory approval.
The transaction is subject to customary closing conditions, including obtaining regulatory approval.
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