Carlisle Companies Acquires MTL Holdings for $410 Million

Canopy Growth Completes Acquisition of MTL Cannabis

March 16, 2026

Healthcare Services

Canopy Growth Corporation completed its previously announced arrangement to acquire all issued and outstanding common shares of MTL Cannabis Corp., making MTL a wholly owned subsidiary. The deal strengthens Canopy Growth’s Canadian medical cannabis platform and expands premium flower supply and operations to better serve regulated international medical markets, including Europe.

Power Solutions International Acquires MTL Manufacturing & Equipment Inc.

March 5, 2026

Industrial Services

Power Solutions International, Inc. (PSI) has acquired 100% of MTL Manufacturing & Equipment Inc. (MTL) in a transaction financed with PSI’s existing cash reserves and the assumption of certain equipment-related debt. MTL is a metal and steel fabricator based in Beloit, Wisconsin, producing components such as switchgear subbases and electrical enclosure assemblies used in power generation and data center applications.

MTL Holdings Acquires Citadel Architectural Products

September 19, 2022

Building Products

MTL Holdings has acquired Citadel Architectural Products, adding Citadel’s composite panels and tested wall systems to MTL’s portfolio of building-envelope brands. The deal brings Citadel’s Indiana-based, ISO 9001-certified manufacturing capability and independent rep network into MTL’s family alongside Metal‑Era and Hickman Edge Systems to expand product offerings and single-source envelope solutions.

Carlisle Companies Acquires MBTechnology, Inc.

February 1, 2022

Building Products

Carlisle Companies Incorporated (NYSE: CSL) has acquired MBTechnology, Inc. (MBT), a Fresno, California-based manufacturer of energy-efficient SBS modified bitumen roofing membranes and underlayment systems. MBT will join Carlisle Construction Materials within Carlisle Weatherproofing Technologies as a strategic bolt-on to expand product offerings, increase rolled-goods capacity and deepen Carlisle's presence in West Coast markets.

Carlisle Companies Acquires Henry Company for $1.575 Billion

July 19, 2021

Building Products

Carlisle Companies Incorporated (NYSE:CSL) has entered into a definitive agreement to acquire Henry Company, a provider of building envelope systems, from affiliates of American Securities LLC for $1.575 billion in cash. The acquisition expands Carlisle’s building envelope and energy-efficiency product portfolio, is expected to generate roughly $30 million of pre-tax cost synergies by 2025, and is immediately accretive to Carlisle’s adjusted EPS.

Carlisle Companies Acquires MicroConnex Corporation

April 15, 2019

Manufacturing

Carlisle Companies Incorporated (NYSE:CSL) has acquired MicroConnex Corporation, a Snoqualmie, Washington-based manufacturer of high-density interconnect solutions, and will integrate the business into its Carlisle Interconnect Technologies (CIT) operating segment. Cleary Gull acted as exclusive financial advisor to MicroConnex. The acquisition expands Carlisle's advanced manufacturing capabilities—including flexible printed circuits and laser micromachined components—to better serve medical device, sensor, and test & measurement OEM markets.