Carlisle Companies Incorporated (NYSE:CSL) announced today that it has completed the divestiture of Carlisle Process Systems, a manufacturer of equipment for the cheese and powder industries, to Tetra Pak, an industry group within Tetra Laval, a private industrial group headquartered in Switzerland. The original plan to dispose of these businesses was disclosed on November 7, 2005. Richmond McKinnish, Carlisle�s President and CEO, commented, �We are pleased to have concluded the divestiture of these additional non core businesses. This divestiture furthers our strategy to more fully focus on growing our core businesses and to continue to allocate capital where it will produce the greatest return for our shareholders.� Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management�s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these factors is contained in the Company�s filings with the Securities and Exchange Commission. The Company undertakes no duty to update forward-looking statements. Carlisle is a diversified global manufacturing company serving the construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, heavy-haul truck trailer, foodservice, and data transmission industries. Carlisle Companies Incorporated (NYSE:CSL) announced today that it has completed the divestiture of Carlisle Process Systems, a manufacturer of equipment for the cheese and powder industries, to Tetra Pak, an industry group within Tetra Laval, a private industrial group headquartered in Switzerland. The original plan to dispose of these businesses was disclosed on November 7, 2005. Richmond McKinnish, Carlisle's President and CEO, commented, "We are pleased to have concluded the divestiture of these additional non core businesses. This divestiture furthers our strategy to more fully focus on growing our core businesses and to continue to allocate capital where it will produce the greatest return for our shareholders." Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these factors is contained in the Company's filings with the Securities and Exchange Commission. The Company undertakes no duty to update forward-looking statements. Carlisle is a diversified global manufacturing company serving the construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, heavy-haul truck trailer, foodservice, and data transmission industries.
Carlisle Companies (NYSE:CSL)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Carlisle Companies Charts.
Carlisle Companies (NYSE:CSL)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Carlisle Companies Charts.