Carlisle Companies completes PDT sale

ERJ staff report (DS)

Charlotte, North Carolina — Carlisle Companies Inc. has completed the sale of the non-roofing and waterproofing unit of its German company, PDT Phoenix GmbH to Datwyler Group of Altdorf, Switzerland. The business unit makes elastomer profiles for use in applications for tunnels, rail, windows and facades. Carlisle will retain the roofing and waterproofing business as the European center for Carlisle Construction Materials.

Sales of the divested unit are approximately €35 million. Terms of the transaction were not disclosed….

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