Carlisle lands acquisition in cash deal

Carlisle Companies Incorporated - HomeCarlisle Cos. Inc. said this week it has reached a deal to acquire fellow building envelope systems (BES) provider Henry Co. from a private equity firm. Under the terms of the agreement, Carlisle will purchase Henry for $1.575 billion in cash. Henry’s BES offerings control the flow of water, vapour, air, and energy in buildings.

The acquisition “marks another meaningful evolution of our portfolio,” said Chris Koch, Carlisle’s chairman, CEO, and president, in a release.