NewswireToday - /newswire/ -
Scottsdale, AZ, United States, 2019/04/30 - Carlisle Fluid Technologies, a global leader in applied finishing solutions, announced today that it has acquired Hosco Fittings, LLC (Hosco), Integrated Dispense Solutions, LLC (IDS), and Classic Precision, LLC - Carlisleft.com / Carlisle.com. NYSE: CSL
Hosco is a privately held manufacturer of paint circulating and application finishing fittings, headquartered in Wixom, Michigan. IDS, based out of Shelby Charter Township, Michigan, manufactures dispense systems and custom engineered fluid controls, and Wixom-based Classic Precision specializes in precision machining for aerospace and defense manufacturing processes.
“We are very excited about having Hosco, IDS and Classic Precision join CFT,” said Shelley Bausch, president, Carlisle Fluid Technologies. “Not only does this help us bring a broader, complementary product offering to our existing finishing customers, but also allows us to expand into growing new markets that are a critical part of our vision. I am pleased to welcome all of the employees of Hosco, IDS and Classic Precision into the CFT team.”
Hosco, IDS, and Classic Precision offer a wide range of products, technology and capability as well as a strong track record in delivering valuable dispensing solutions and excellent service to their customers and to a number of end markets.
“CFT has a strong heritage in the liquid finishing business, driven by products and technology from our legacy Binks, DeVilbiss, Ransburg, BGK, and MS Powder brands,” said James Stephenson, vice president, Global Business Development. “However, the new CFT, in pursuit of our aggressive Vision 2025 growth goals, will be strategically expanding into other material application technologies, such as sealants and adhesives. These acquisitions represent the first of many steps in this exciting journey for us and our customers.”
About Carlisle Fluid Technologies
Carlisle Fluid Technologies (carlisleft.com), a division of Carlisle Companies, Inc (carlisle.com) is a global leader in material application products and technologies providing forward-thinking, innovative solutions to a variety of industry needs. From simple finishing requirements to highly automated production installations, Carlisle Fluid Technologies combines innovative spray finishing, powder coating, fluid handling, curing, and integrated control packages with decades of technical expertise to deliver efficient, cost-effective solutions for the transportation, industrial, and auto refinish markets.