TGOPF News Alert 3I Group Plc (TGOPF) 7.2000 02/15/2015 15:3
Post# of 64074
Carlisle Acquires LHi Technology
Business Wire - Wed Oct 01, 7:02AM CDT
Carlisle Companies Incorporated (NYSE:CSL) today announced the acquisition of LHi Technology, a leading designer, manufacturer and provider of cable assemblies and related interconnect components to the medical equipment and device industry. LHi supplies world-class medical device manufacturers with interconnect components used for patient monitoring, electrosurgery, diagnostic imaging and surgical instrumentation. LHi was a portfolio company of 3i Group plc, an international investment manager. The enterprise value of the transaction was $195 million. The acquisition is expected to be accretive to Carlisle in the first year.
CSL: 94.14 (-0.09)