1. Carlisle acquires Bonded Logic assets to enhance eco-friendly insulation solutions. 2. This aligns with Carlisle's Vision 2030 strategy for sustainable growth. 3. The acquisition aims to expand high-performance recycled denim insulation market. 4. Carlisle aims for net-zero greenhouse gas emissions by 2050 through strategic initiatives. 5. Innovations in labor-efficient products may strengthen market position and profitability.
The acquisition aligns with growth and sustainability goals, potentially enhancing profitability.
The acquisition enhances product offerings and aligns with growth strategy, pivotal for investors.
Strategic acquisitions may yield gradual market expansion and revenue increases over time.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) today announced it has completed the previously announced purchase of select assets of Bonded Logic, Inc. and Phoenix Fibers, LLC (collectively as “Bonded Logic”).
Consistent with Carlisle’s Vision 2030 strategy and continued emphasis on synergistic M&A, the acquisition of Bonded Logic supports the growth of high-performance Henry® UltraTouch® recycled denim insulation, a unique, eco-friendly insulation solution that is easier to install than conventional insulation solutions and diverts millions of pounds of waste from landfills every year.
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.