Carlisle Completes the Sale of PDT’s Rubber Components Unit
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) announced today that it has completed the sale of the non-roofing and waterproofing unit of its German company, PDT Phoenix GmbH to Datwyler Group of Altdorf, Switzerland. The business unit makes elastomer profiles for use in applications for tunnels, rail, windows and facades. Carlisle will retain the roofing and waterproofing business as the European center for Carlisle Construction Materials.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on managements current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these factors is contained in the Companys filing with the Securities and Exchange Commission. The Company undertakes no duty to update forward-looking statements.
About Carlisle Companies (CSL)
Carlisle Companies Inc. is a global diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, lawn and garden, mining and construction equipment, aerospace and electronics, dining and food delivery, and healthcare. Through our group of decentralized operating companies led by entrepreneurial management teams we bring innovative product solutions to solve the challenges our customers face. Our 11,000 employees worldwide, who generated $2.5 billion in net sales in 2010, are focused on continuously improving the value of the Carlisle brand by developing the best products, insuring the highest quality and providing unequaled customer service in the many industries we serve. Learn more about Carlisle at www.carlisle.com.
Carlisle Companies Incorporated
Steven J. Ford, 704-501-1100
Vice President & Chief Financial Officer
Source: Carlisle Companies Inc.Copyright Business Wire 2012