{"id":796775,"date":"2024-12-23T09:03:42","date_gmt":"2024-12-23T14:03:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\/"},"modified":"2024-12-23T09:03:42","modified_gmt":"2024-12-23T14:03:42","slug":"carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\/","title":{"rendered":"Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products"},"content":{"rendered":"

<\/p>\n

Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products<\/b><\/p>\n

SCOTTSDALE, Ariz.–(BUSINESS WIRE<\/a>)–Carlisle Companies Incorporated<\/a> (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire Texas-based expanded polystyrene insulation manufacturer ThermaFoam. Founded in 1978 and located in the Dallas\/Fort Worth area, ThermaFoam serves the commercial, residential, and infrastructure construction markets through both the ThermaFoam and PowerFoam brands.<\/p>\n

\nThe purchase of ThermaFoam is consistent with Carlisle\u2019s Vision 2030 strategy and strategic pivot to a pure play building products company with increased investment in innovation and synergistic M&A.<\/p>\n

\nChris Koch, Chair, President, and Chief Executive Officer, said, \u201cThe acquisition of ThermaFoam builds on our recently completed acquisition of Plasti-Fab, and leverages the vertically integrated expanded polystyrene capabilities of our EPS business while adding scale, supporting retail channel growth, and providing valuable geographic coverage in Texas and the South Central United States.\u201d<\/p>\n

\nThe acquisition is expected to close in the first quarter of 2025.<\/p>\n

Forward-Looking Statements<\/span><\/b><\/p>\n

\nThis press release contains forward-looking statements, including those with respect to the acquisition of ThermaFoam and the anticipated timing of the closing of the transaction. These statements represent only Carlisle\u2019s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Carlisle\u2019s control. Actual results could differ materially from those reflected in this press release for various reasons, including the failure of the parties to meet or waive closing conditions. Carlisle disclaims any obligation to update forward-looking statements except as required by law.<\/p>\n

About Carlisle Companies Incorporated<\/span><\/b><\/p>\n

\nCarlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses \u2013 Carlisle Construction Materials (“CCM”) and Carlisle Weatherproofing Technologies (“CWT”) \u2013 and family of leading brands, Carlisle delivers innovative, labor-reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System (“COS”), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050. Learn more about Carlisle at www.carlisle.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20241223924612\/en\/<\/a><\/span><\/p>\n

\nMehul Patel
\n
Vice President, Investor Relations
\n
Carlisle Companies Incorporated
\n
(310) 592-9668
\n
mpatel@carlisle.com<\/a><\/p>\n

KEYWORDS:<\/b> Texas Arizona United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property Other Manufacturing Building Systems Chemicals\/Plastics Other Construction & Property Manufacturing Residential Building & Real Estate<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire Texas-based expanded polystyrene insulation manufacturer ThermaFoam. Founded in 1978 and located in the Dallas\/Fort Worth area, ThermaFoam serves the commercial, residential, and infrastructure construction markets through both the ThermaFoam and PowerFoam brands. The purchase of ThermaFoam is consistent with Carlisle\u2019s Vision 2030 strategy and strategic pivot to a pure play building products company with increased investment in innovation and synergistic M&A. Chris Koch, Chair, President, and Chief Executive Officer, said, \u201cThe acquisition of ThermaFoam builds on our recently completed acquisition of Plasti-Fab, and leverages the vertically integrated expanded polystyrene … <\/p>\n

Continue reading “Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-796775","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCarlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire Texas-based expanded polystyrene insulation manufacturer ThermaFoam. Founded in 1978 and located in the Dallas\/Fort Worth area, ThermaFoam serves the commercial, residential, and infrastructure construction markets through both the ThermaFoam and PowerFoam brands. The purchase of ThermaFoam is consistent with Carlisle\u2019s Vision 2030 strategy and strategic pivot to a pure play building products company with increased investment in innovation and synergistic M&A. Chris Koch, Chair, President, and Chief Executive Officer, said, \u201cThe acquisition of ThermaFoam builds on our recently completed acquisition of Plasti-Fab, and leverages the vertically integrated expanded polystyrene … Continue reading "Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-23T14:03:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20241223924612r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products\",\"datePublished\":\"2024-12-23T14:03:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\\\/\"},\"wordCount\":447,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20241223924612r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/carlisle-companies-to-acquire-thermafoam-a-texas-based-manufacturer-of-expanded-polystyrene-insulation-products\\\/\",\"name\":\"Carlisle Companies to Acquire ThermaFoam, a Texas-Based Manufacturer of Expanded Polystyrene Insulation Products - 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