Carlisle Companies Incorporated announced that it has completed the previously announced purchase of MTL Holdings from GreyLion Partners for $410 million in cash.

MTL is widely recognized as a best-in-class provider of high-performance, prefabricated perimeter edge metal systems, non-insulated architectural metal wall systems, and glazing infill panels for commercial, institutional, and industrial buildings. Its premium portfolio is comprised of a well-balanced assortment of prefabricated edge metal products under the flagship brands of Metal-Era and Hickman Edge Systems. MTL’s portfolio extends off the roof to the building envelope with fire-resistant, non-insulated aluminum composite material (ACM), architectural wall assemblies, and glazing infill panels under the Citadel Architectural Products brand.

The acquisition of MTL Holdings is consistent with Carlisle’s Vision 2030 strategy and the strategic pivot to a pure-play building products company with a continued emphasis on synergistic M&A, increased investment in innovation, attracting and retaining top talent, and delivering on its sustainability commitments.