Carlisle Companies Acquires Plasti‑Fab (PFB's EPS Insulation Business)
October 18, 2024
Carlisle Companies has completed the purchase of the expanded polystyrene (EPS) insulation segment of PFB Holdco, Inc. — comprised of the Plasti‑Fab and Insulspan brands — for approximately $259.5 million in cash. The business, headquartered in Calgary, Alberta with manufacturing operations in Canada and the U.S., expands Carlisle's EPS capabilities and geographic footprint and is expected to close in Q4 2024 (transaction announced as a sale by The Riverside Company / PFB).
- Buyers
- Carlisle Companies Incorporated
- Targets
- Plasti‑Fab (Plasti‑Fab and Insulspan brands of PFB Holdco, Inc.)
- Sellers
- The Riverside Company, PFB Holdco, Inc. (PFB Corporation)
- Industry
- Building Products
- Location
- Alberta, Canada
- Transaction Type
- Divestiture
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