Carlisle to acquire Plasti-Fab from The Riverside Company for $260m.

Carlisle Companies, a supplier of innovative building envelope products and solutions, agreed to acquire Plasti-Fab, a vertically integrated provider of EPS insulation products from, The Riverside Company, a global private equity firm, for $260m. “The acquisition of Plasti-Fab delivers vertically integrated polystyrene capabilities to our Insulfoam EPS business while adding scale, supporting retail channel growth, and filling key geographic gaps in the US and Canada. This acquisition 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 and a continued emphasis on synergistic M&A guided by our repeatable M&A model. I am confident that we will create significant value for all our stakeholders as we leverage the Carlisle Operating System across the Plasti-Fab business,” Chris Koch, Carlisle Companies Chair, President, and Chief Executive Officer.