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Carlisle Cos. Inc., Scottsdale, AZ, (NYSE:CSL) has acquired Arbo Holdings Ltd., Belper, England. Terms were not disclosed.
Arbo, with annual sales of $14 million and 72 employees, manufactures a range of sealants, coatings and other building envelope products to the UK and European construction markets for waterproofing and air and vapor barrier applications.
The business will operate as a unit within Carlisle Construction Materials, a manufacturer of roofing and waterproofing products for commercial and industrial buildings.
“The acquisition of Arbo complements our leading position in EPDM (rubber) roofing systems in Europe and adds new products to our weatherproofing offerings used to improve the thermal performance of buildings," said D. Christian Koch, Carlisle’s president and CEO. "Arbo provides Carlisle additional channels for our existing products and a strong foundation from which to grow Arbo’s business throughout Europe.”