Carlisle Companies Acquires Star Aviation
With annual sales of approximately
The business will operate as part of Carlisle Interconnect Technologies, a global provider of specialty wire and cable, and interconnect components for commercial and military aircraft, avionics systems, in-flight entertainment, communications systems and medical devices.
D. Christian “Chris” Koch, Carlisle’s President and Chief Executive Officer, said “Star Aviation is an excellent fit with Carlisle Interconnect Technologies and will add significant engineering resources and technology to support our current initiatives in the very attractive in-flight connectivity sector. Star Aviation provides Carlisle established access to retrofit opportunities to complement our leading position in line-fit applications of in-flight connectivity systems. This acquisition furthers our growth initiatives into higher margin, highly engineered products. We are very pleased to welcome the Star Aviation team to Carlisle.”
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally use words such as “expect,” “foresee,”
“anticipate,” “believe,” “project,” “should,” “estimate,” “will,”
“plans,” “forecast” and similar expressions, and reflect our
expectations concerning the future. The Company cannot give any
assurance that the results forecasted in any forward-looking statement
will actually be achieved. Future results could differ materially
from those expressed, due to the impact of changes in various factors
including, but not limited to risks related to the Company’s integration
of the acquired business, whether and when the Company will be able to
realize the expected financial results and accretive effect of the
transaction; and how customers, competitors, suppliers and employees
will react to the transaction. Actual results may differ
materially from the Company’s expectations due to changes in global
economic, business, competitive, market and regulatory factors. More
detailed information about these factors is contained in the Company’s
filings with the
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