Carlisle® Companies Inc., a global provider of commercial and industrial building envelope products through its Carlisle Construction Materials operating segment, has acquired Petersen Aluminum Corp., a privately held manufacturer of metal roofing products for approximately $197 million.
Headquartered in Elk Grove Village, Illinois, Petersen’s primary business is the manufacture and distribution of architectural metal roof panels; steel and aluminum flat sheets and coils; wall panels; perimeter roof edge systems; and related accessories for commercial, residential, institutional, industrial, and agricultural markets. Founded by Maurice R. Petersen in 1965, Petersen, through its premier brand PAC-CLAD®, has grown to become a leader in its served markets with approximately $160 million of annual revenue.
The acquisition of Petersen is part of Carlisle’s strategy of providing customers with a portfolio of high-quality, innovative products and solutions that meet an increasing array of their building envelope needs. Petersen is an excellent fit with its recent acquisitions in the metal roofing space, including Drexel Metals, Sunlast Metal, and Premium Panels, as well as a significant complementary addition to its single-ply roofing systems.