The 2020 Mid-Year Economic Update_long

Carlisle Companies to Acquire Draka Sileca & Providien LLC

Both acquisitions are consistent with Carlisle's Vision 2025 strategy.

Carlisle Companies Inc. (NYSE:CSL), Scottsdale, Arizona, has agreed to acquire Providien LLC, San Diego, California, a leading provider of comprehensive manufacturing solutions for global medical device OEMs. Providien operates facilities in California and Tijuana, Mexico.

Carlisle has also committed to acquire Draka Filec SAS, Sainte-Genevieve, France, from Prysmian SpA. Draka Fileca is a leader in highly engineered interconnect solutions for harsh environments, providing high-end cable solutions to important European Aerospace, Space and Defense customers.

Both purchases are consistent with Carlisle's Vision 2025 strategy to build scale with synergistic acquisitions to drive to $15 of earnings per share. Draka Fileca would become part of the Carlisle Interconnect Technologies operating segment.

 

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