Carlisle completes $259.5M cash acquisition of Plasti-Fab EPS insulation business

CARLISLE COMPANIES INC

Acquired all equity interests of PFB Holdco's EPS insulation segment (Plasti-Fab / Insulspan) for $259.5M cash.
Plasti-Fab is a vertically integrated EPS provider with 11 plants (8 Canada, 3 US Midwest) serving commercial, residential, infrastructure markets.
Acquisition aligns with Carlisle's Vision 2030 M&A strategy; targets organic growth, hard cost synergies, and integration via Carlisle M&A playbook.
Seller was PFB Intermediate, LLC, a portfolio company of The Riverside Company.
Transaction closed on December 18, 2024, as previously announced on October 17, 2024.

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