Carlisle Buys, Sells in Two Deals - Tire Review Magazine

Carlisle Buys, Sells in Two Deals

In two separate transactions, Carlisle Companies Inc., which operates Carlisle Tire & Wheel, bought a company and sold off one of its divisions.

Last week, Carlisle Companies purchased friction product maker Hawk for an estimated $413 million in an all-cash deal. Hawk produces friction material for brake, clutch and transmission applications.

Hawk will become part of Carlisle Industrial Brake & Friction.

Earlier in October, Carlisle Companies sold Trail King Industries, its specialty trailer business. Terms of that deal were not disclosed.

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