Carlisle completes purchase of Accella Performance Materials

Carlisle Companies Inc. (NYSE:CSL) has announced that it has completed the purchase of Accella Performance Materials for USD 670 million in an all-cash transaction, pursuant to the previously announced purchase agreement with Arsenal Capital Partners, the company said.

Accella Performance Materials, a premier specialty polyurethane growth platform with approximately USD 430 million of annual net sales, is headquartered in Maryland Heights, Missouri.

Accella adds a new platform for Carlisle bringing significant revenue and cost synergies to Carlisle Construction Materials (CCM), and creates the opportunity to pursue additional adjacencies within the USD 15 billion global construction related polyurethane market. The acquisition of Accella contributes to CCM´s well-established strategy of providing customers with high quality, innovative solutions for building envelope applications.

Carlisle is a diversified, global portfolio of niche brands and businesses with highly engineered and high margin products. Carlisle is committed to generating superior shareholder returns by combining a unique management style of decentralization, entrepreneurial spirit, active M&A, and a balanced approach to capital deployment, all with a culture of continuous improvement as embodied in the Carlisle Operating System. Carlisle´s markets include: commercial roofing, agriculture, mining, construction, aerospace, defense, foodservice, healthcare, sanitary maintenance, transportation, industrial, protective coating and auto refinishing. Carlisle´s worldwide team of employees generated USD 3.7 billion in net sales in 2016. Learn more about Carlisle at www.carlisle.com.