KIERSPE, Germany—Carlisle Fluid Technologies Group has acquired German silicone rubber supplier Reinhardt-Technik GmbH in a deal to heavily enhance its selection of adhesives and sealants.
The agreement, signed by Reinhardt-Technik Nov. 29 and finalized Dec. 2, further adds to Carlisle's selection of global brands in paints, coatings, powders and other markets. Fred Sutter, CEO of Carlisle Fluid Technologies, said that the acquisition further establishes Carlisle as a global player in the growing global sealant and adhesive market.
"Reinhardt Technik's broad portfolio and history of innovation complement our core capabilities and strengths," Sutter said. "This acquisition is another exciting step forward as we focus our efforts on growth and offering leading products to our customers."
Sutter added that the company will continue to look for "transformative acquisitions and strategic add-ons" throughout its corporate portfolio. Reinhardt-Technik will continue business operations with its current management team under the new deal.
Established in 1962, the German manufacturer has become a leading name in bonding, dispensing, potting and systems solutions.
Peter Ripphausen, Managing Director of Reinhardt-Technik said that the company can benefit Carlisle's customer base immediately.
"We are delighted to become part of the successful Carlisle Fluid Technologies Group," Ripphausen said. "The new partnership provides us with an excellent platform for the next chapter of our growth story.
"Our customers, suppliers and business partners can be assured that combining our strengths with Carlisle Fluid Technologies will enable us to offer an even more comprehensive package of services and innovative solutions in a global network."
