Carlisle Companies Inc. [CSL] yesterday said it has agreed to acquire the Thermax and Raydex wire and cable businesses from Belden Inc. [BDC], expanding its capabilities and technology in interconnect products in the aerospace and industrial sectors. The deal, which is expected to close by the end of 2012, is valued at $265 million. Carlisle expects the acquisition to be accretive to its earnings in the first year. The Thermax and Raydex businesses have annual sales of about $112 million…
Carlisle To Acquire Wire And Cable Business Serving Aerospace, Industrial Markets
Defense Daily Staff
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