Carlisle Companies Acquires Ecco Finishing
July 08 2019 - 2:04PM
Business Wire
Carlisle Companies Incorporated (NYSE:CSL) today announced the
acquisition of Ecco Finishing, a privately held manufacturer of low
and high pressure painting equipment and sealing applicators based
in Skara, Sweden. Ecco Finishing’s products are used in a variety
of application settings primarily in the automotive, ceramics,
leather, wood and plastics industries. Ecco Finishing will become
part of the Carlisle Fluid Technologies (CFT) operating
segment.
Chris Koch, President and Chief Executive Officer said, "The
acquisition of Ecco Finishing fits our strategy of expanding CFT's
portfolio of sealants and adhesives application equipment, and is
complementary to our 2019 acquisitions of Hosco Fittings,
Integrated Dispense Solutions, and Shinhang. Ecco Finishing also
brings strong technical resources and capabilities that will
support and enhance growth opportunities for CFT’s Sealants and
Adhesives platform. Combined with CFT's commercial organization,
opportunities for product integration, and application of the
Carlisle Operating System (COS), we will drive growth, innovation,
and deliver products and solutions that meet an increasing array of
our customers' needs. We are very pleased to welcome the Ecco
Finishing team to Carlisle."
About Carlisle Companies
Incorporated
Carlisle Companies Incorporated is a diversified, global
portfolio of niche brands and businesses that manufactures highly
engineered products and solutions for our customers. 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, specialty polyurethane, architectural
metal, aerospace, medical, defense, transportation, industrial,
protective coating, auto refinishing, agriculture, mining, and
construction. Carlisle’s worldwide team of employees generated $4.5
billion in net sales in 2018. Learn more about Carlisle at
www.carlisle.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190708005673/en/
Jim Giannakouros, CFA Vice President of Investor Relations and
FP&A Carlisle Companies Incorporated
jgiannakouros@carlisle.com
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