CHARLOTTE, N.C. (March 9, 2012)—Carlisle Companies Inc. has completed the purchase of Hertalan Holding B.V., a manufacturer of EPDM-based roofing membranes and industrial components.
Closure of the deal sets the stage for Carlisle to expand the size and capabilities of its single-ply rubber roofing operation in Europe. Hertalan, which employs about 130, operates plants in Kampen, Netherlands, and Baia Mare, Romania. The firm will become part of Carlisle's Construction Materials division.
The transaction fits nicely into Carlisle's European operation, which includes PDT Phoenix GmbH, a German maker of EPDM-based roofing membranes and industrial components, purchased in 2011 by Carlisle, according to David A. Roberts, chairman, president and CEO of Carlisle.
PDT and Hertalan have strong bases in Europe, the company said.