Erin Inhof, Author at MTL Holdings LLC

MTL Holdings Joins Carlisle Companies

SCOTTSDALE, ARIZONA, May 1, 2024 – Carlisle Companies Incorporated (NYSE:CSL) today 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.

About Carlisle Companies Incorporated

Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials (“CCM”) and Carlisle Weatherproofing Technologies (“CWT”) – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System (“COS”), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050.

Contact: Mehul Patel
Vice President, Investor Relations
Carlisle Companies Incorporated
(310) 592 – 9668
mpatel@carlisle.com

MTL Holdings Expands National Strategic Accounts Team

Parker will work across the MTL family of brands – Citadel Architectural Products, Hickman Edge Systems, and Metal-Era – to provide customers with a complete metal package for their building envelope.

MTL Holdings Hires Steve Glasenapp as Director of Envelope

MTL Holdings has hired Steve Glasenapp as the new Director of Envelope. In this role, Glasenapp will work across MTL’s family of brands — Metal-Era, Hickman Edge Systems, and Citadel Architectural Products — to provide strategic customers with a complete metal package for their building envelope.

Located throughout the United States, the MTL Strategic Accounts team is comprised of experienced industry experts with backgrounds in construction, commercial roofing, and LEED building principles. The SA team partners with contractors, architects, specifiers and building owners to assist in the development of code-compliant building envelopes that protect the most crucial component, the building’s occupants. With the MTL Strategic Accounts team, customers receive solutions for availability, metal color alignment, and strategic purchasing of components traditionally received from multiple vendors, channels, and sources.

Glasenapp says, “I couldn’t be more excited to be joining the MTL team as the Director of Envelope. A fully tested and engineered system for the exterior metal envelope – from the roof edge to the wall – is not the way the industry traditionally sources the metal package. I’m thrilled to be able to bring a complete solution featuring multiple benefits as a part of an exceptional team and family of brands.”

Glasenapp has over 15 years of experience in sales and sales management in the manufacturing and construction industry, with a focus on high-design functionality and value-added, code-compliant products. Personally, Glasenapp serves on the Board for Kids Building Wisconsin, whose mission is to bring awareness to careers in the construction industry.

MTL Holdings Acquires Citadel Architectural Products

MTL Holdings has expanded its family of brands with the acquisition of Citadel Architectural Products.

Known for its production of high-quality products, customer service, and on-time delivery, Citadel shares MTL’s focus on customer-centric solutions. Citadel, a manufacturer of composite panels and systems for the commercial cladding industry, extends the MTL Holdings portfolio of products for customers who value full envelope solutions

With the acquisition of Citadel, MTL is pleased to announce Josh Jacobi as the Vice President and General Manager of MTL’s Wall Division. Jacobi brings over 30 years of experience in the metal industry, specializing in product enhancement and development to provide solutions for the use of metal in the building envelope.

“We’re thrilled to welcome Citadel and their employees, along with their independent rep organizations, into our family of brands. Their reliable, customer-first approach to specified products and independent rep development strategy fit seamlessly into our existing brands, Metal-Era and Hickman Edge Systems,” says Tony Mallinger, President and CEO of MTL Holdings.

Mallinger continues, “Josh Jacobi brings a wealth of knowledge to the business, and we look forward to his contributions. Under his leadership, we’ll continue our strategy of investing in employees, equipment, and manufacturing process to expand the business. The addition of Citadel and its Indiana-based manufacturing facility allows us to expand MTL’s product offerings to current and new OEM partners, contractor partners, and prototype developers through our multiple channel strategy and Citadel’s ISO 9001 certified manufacturing process.”

Jacobi comments, “We will look to build upon Citadel’s already stellar reputation through expansion of product offerings to the specifier community, coordinating tested and engineered systems to allow for a single source solution at the roof-to-wall transition of the building envelope.”

To learn more about Citadel Architectural Products, please visit www.citadelap.com.

MTL Expands Strategic Accounts

Metal-Era and Hickman Edge Systems have expanded their Strategic Accounts to a nationwide territory-based team through their parent company, MTL Holdings.