CARLISLE buys Arbo Holdings
As of January 31, 2017, the US group CARLISLE has taken over a 100% share of the British manufacturer Adshead Ratcliffe, a subsidiary of Arbo Holdings.
This company specialises in the production of construction and industrial sealants and with 75 employees it achieves an annual turnover of around £11m.
The company says the product range complements the European group’s portfolio very well in view of the planned growth strategy, especially in the field of sealing solutions.
Throughout the British building, glazing and construction industry, Adshead Ratcliffe is known for its industrial sealants and their versatile applications.
The in-house research and development facilities at the Belper production site in Derbyshire are able to tailor-make sealing solutions for individual customer requirements.
The company says products and customer structure fit perfectly into CARLISLE CM Europe’s newly established business unit Sealing Solutions. With this unit, the company strives to achieve its ambitious growth objectives and to position itself as a systems supplier.
Duncan Kirkwood, managing director at CARLISLE Construction Materials, commented: “Adshead can look back on a 158-year success story and we believe this is why the company is a perfect addition to our European group. Our individual country subsidiaries have roots that go far back into the 19th century. We have very similar company cultures and the same understanding of premium quality and excellent relations with all our stakeholders including customers, business partners and suppliers. In my view, this is the key aspect for a successful merger and we will be able to learn a lot from Adshead regarding products and customer requirements.”