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Carlisle Companies Announces Pricing of Senior Notes Offering
Carlisle Companies Announces Pricing of Senior Notes Offering

Business Wire

time3 days ago

  • Business
  • Business Wire

Carlisle Companies Announces Pricing of Senior Notes Offering

Carlisle intends to use the net proceeds from the offering for general corporate purposes, which may include repayment of debt, additions to working capital, capital expenditures, investments in its subsidiaries, acquisitions, investments in third parties or the repurchase, redemption or retirement of securities, including its common stock. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Truist Securities, Inc. are acting as the joint book-running managers for the offering. This press release does not constitute an offer to sell or the solicitation of an offer to purchase the Notes. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The offering was made under an automatic shelf registration statement that was filed with the Securities and Exchange Commission ('SEC') on March 15, 2024. The offering of the Notes may be made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained by visiting EDGAR on the SEC's website at or by contacting Goldman Sachs & Co. LLC collect at 1-866-471-2526, J.P. Morgan Securities LLC collect at 1-212-834-4533 or Truist Securities, Inc. collect at 1-800-685-4786. Learn more about Carlisle at About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ("CCM") and Carlisle Weatherproofing Technologies ("CWT") – 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. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally use words such as "expect," "foresee," "anticipate," "believe," "project," "should," "estimate," "will," "plans," "intends," "forecast," and similar expressions, and reflect our expectations concerning the future. Such statements are made based on known events and circumstances at the time of publication and, as such, are subject in the future to unforeseen risks and uncertainties. It is possible that our future performance may differ materially from current expectations expressed in these forward-looking statements, due to a variety of factors such as: increasing price and product/service competition by foreign and domestic competitors, including new entrants; technological developments and changes; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; our mix of products/services; increases in raw material costs that cannot be recovered in product pricing; domestic and foreign governmental and public policy changes including environmental and industry regulations; the ability of our customers to maintain appropriate labor levels under U.S. immigration laws, policies and practices; the ability to meet our goals relating to our intended reduction of greenhouse gas emissions, including our net zero commitments; threats associated with and efforts to combat terrorism; protection and validity of patent and other intellectual property rights; the identification of strategic acquisition targets and our successful completion of any transaction and integration of our strategic acquisitions; our successful completion of strategic dispositions; the cyclical nature of our businesses; the impact of information technology, cybersecurity, artificial intelligence or data security breaches at our businesses or third parties; the outcome of pending and future litigation and governmental proceedings; the emergence or continuation of widespread health emergencies; and the other factors discussed in the reports we file with or furnish to the Securities and Exchange Commission from time to time. In addition, such statements could be affected by general industry and market conditions and growth rates, the condition of the financial and credit markets and general domestic and international economic conditions, including inflation, interest rate and currency exchange rate fluctuations, and tariffs. Further, any conflict in the international arena, including the Russian invasion of Ukraine and war in the Middle East, may adversely affect general market conditions and our future performance. Any forward-looking statement speaks only as of the date on which that statement is made, and we undertake no duty to update any forward-looking statement to reflect events or circumstances, including unanticipated events, after the date on which that statement is made, unless otherwise required by law. New factors emerge from time to time and it is not possible for management to predict all of those factors, nor can it assess the impact of each of those factors on the business.

Carlisle Companies Announces a 10% Dividend Increase, its 49th Consecutive Annual Increase
Carlisle Companies Announces a 10% Dividend Increase, its 49th Consecutive Annual Increase

Business Wire

time07-08-2025

  • Business
  • Business Wire

Carlisle Companies Announces a 10% Dividend Increase, its 49th Consecutive Annual Increase

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that its Board of Directors approved a 10% increase in the Company's regular quarterly dividend from $1.00 to $1.10 per share, or to $4.40 per share on an annualized basis. The dividend is payable on September 2, 2025, to shareholders of record at the close of business on August 19, 2025. 'This year's increase marks Carlisle's 49th consecutive annual dividend increase" Share Chris Koch, Chair, President and Chief Executive Officer, said, 'This year's increase marks Carlisle's 49th consecutive annual dividend increase and demonstrates our long track record of exceptional free cash flow generation and our commitment to consistently return capital to our shareholders as part of our superior capital allocation strategy.' About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ("CCM") and Carlisle Weatherproofing Technologies ("CWT") – 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.

Carlisle Companies Announces Leadership Appointments
Carlisle Companies Announces Leadership Appointments

Business Wire

time16-05-2025

  • Business
  • Business Wire

Carlisle Companies Announces Leadership Appointments

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) today announced the appointment of Christopher B. Gaskill as Vice President & General Counsel for the Company. In conjunction with this appointment, Scott C. Selbach will transition to a new role as Executive Vice President, Government Relations for the Company. Mr. Selbach will also remain Secretary of the Company. Both Mr. Gaskill and Mr. Selbach will report to Chris Koch, Carlisle's Chair, President & Chief Executive Officer. Prior to joining Carlisle, Mr. Gaskill served as Executive Vice President, Chief Legal Officer, and Secretary at Summit Materials, Inc. (NYSE: SUM), where he was responsible for the company's global legal functions and ensuring compliance with corporate governance requirements. Prior to Summit Materials, Mr. Gaskill served as Senior Director and Counsel at The Western Union Company (NYSE: WU), Senior Counsel at Cardinal Health Inc. (NYSE: CAH) and an attorney at Simpson, Thacher & Bartlett LLP. Mr. Gaskill holds a Juris Doctor degree from the University of Virginia School of Law. Mr. Selbach served as Executive Vice President, Secretary & General Counsel of the Company since January 2023 and Vice President, Secretary & General Counsel from May 2018. Over his more than 30 years of employment with Carlisle, Mr. Selbach has also served as Vice President, Corporate Development and Vice President, Europe. Mr. Koch stated, 'I am extremely pleased to announce these leadership appointments. Chris is an experienced leader with a broad range of legal and functional expertise and is a proactive, strategic business partner with a strong track record of providing insightful counsel. Scott is a multi-disciplined executive with deep roots in Carlisle who in his new role will work with legislative bodies and government agencies to promote Carlisle's innovative energy-efficient products. These appointments are further examples of how Carlisle continues to invest in exceptional talent in support of our Vision 2030 objectives.' About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ('CCM') and Carlisle Weatherproofing Technologies ('CWT') – 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.

Carlisle Companies to Acquire Bonded Logic, an Innovative Manufacturer of Sustainable Insulation Products
Carlisle Companies to Acquire Bonded Logic, an Innovative Manufacturer of Sustainable Insulation Products

Business Wire

time15-05-2025

  • Business
  • Business Wire

Carlisle Companies to Acquire Bonded Logic, an Innovative Manufacturer of Sustainable Insulation Products

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire select assets of Bonded Logic, Inc. and Phoenix Fibers, LLC (collectively as 'Bonded Logic'). Bonded Logic is a U.S. manufacturer of sustainable thermal and acoustical insulation products. Founded in 2002 with manufacturing locations in Arizona and Georgia, Bonded Logic is best known for its innovative natural fiber insulation products and groundbreaking manufacturing process that delivers a wide range of insulation densities and thicknesses while delivering ease of installation and sustainability features. The acquisition of Bonded Logic is consistent with Carlisle's Vision 2030 strategy and its strategic pivot to a pure play building products company. The acquisition reinforces Carlisle's emphasis on increased investment in innovation, synergistic M&A, delivering on its sustainability commitments, and bringing to market new building envelope products that deliver energy efficiency and contractor labor-savings. Chris Koch, Chair, President, and Chief Executive Officer, said, 'The Bonded Logic acquisition leverages our proven M&A playbook and expands our offering of building envelope products for more energy efficient buildings. This acquisition enables further development of our innovative Henry® UltraTouch™ Denim Insulation that's made from recycled denim and cotton fibers and represents long-term revenue and margin expansion opportunities for Carlisle as we work towards our Vision 2030 objectives.' The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2025. Forward-Looking Statements This press release contains forward-looking statements, including those with respect to the acquisition of Bonded Logic and the anticipated timing of the closing of the transaction. These statements represent only Carlisle's current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Carlisle's 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. About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ('CCM') and Carlisle Weatherproofing Technologies ('CWT') – 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

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