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Announced

Carlisle Companies to acquire MTL Holdings from GreyLion Partners, for $410m.

Synopsis

Carlisle Companies, a supplier of innovative building envelope products and solutions, agreed to acquire MTL Holdings, a provider of innovative, sustainable, building envelope solutions, from GreyLion Partners, a private equity firm, for $410m. “The acquisition of MTL is consistent with Vision 2030 and our intent to build on our strategic pivot to a pure-play building products company with increased investment in innovation, a continued emphasis on synergistic M&A, attracting and retaining top talent, and fulfilling our sustainability commitments. By acquiring MTL and leveraging the Carlisle Operating System across the business, I am confident that we will create significant value for all our stakeholders. We look forward to welcoming Tony Mallinger and MTL’s talented team to Carlisle,” Chris Koch, Carlisle Chair, President and CEO.

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