Carlisle terminates the acquisition of Draka Fileca from Prysmian.

Carlisle, a manufacturer and distributor of construction materials, transportation products, terminated the acquisition of Draka Fileca, an aerospace business unit, from Prysmian, a manufacturer of electric power transmission and telecommunications cables. "While we were enthusiastic about completing the transaction, unfortunately, the Covid-19 pandemic contributed to the delay in timely receiving the necessary regulatory approval. While disappointed, we remain focused on being the supplier of choice to our North American and European aerospace customers, and committed to expanding our industry leading product offerings and capabilities. Carlisle Interconnect Technologies is a global leader of aerospace electrical wire and fiber optic cable technology and will continue to pursue strategic and synergistic M&A opportunities for our aerospace platform in accordance with Vision 2025," Chris Koch, Carlisle Chairman and Chief Executive Officer.