Carlisle Completes $2 Billion CIT Sale to Amphenol
Carlisle Companies Incorporated (CCI) completed the 2 billion dollar sale of its Carlisle Interconnect Technologies (CIT) unit to Amphenol Corporation. This move ends Carlisleโs direct activity in the wire and cable market and redirects its focus to building products.
You can explore Amphenolโs connectivity portfolio on the official Amphenol website:ย https://www.amphenol.com.
Sale Supports Carlisleโs Vision 2030 Strategy
In its press release, Carlisle states that the CIT sale aligns with its Vision 2030 strategy. The company calls the transaction a major milestone. It marks a shift from a diversified industrial portfolio to a premier pure play building products company.
Carlisle now plans to invest more heavily in highโgrowth, highโmargin building solutions that support longโterm value.
From Tensolite Roots to Interconnect Leader
CIT traces its history back to 1940, when the business began in Tarrytown, New York, as Tensolite. The name represented highโquality miniature insulated wire and cable.
The companyโs first insulated wire product heated the gloves and flight suits of World War II Air Force pilots. In 1959, Carlisle acquired Tensolite. Over time, the business evolved into Carlisle Interconnect Technologies and grew into a key interconnect supplier for aerospace, defense, and other critical markets.
Learn more about Carlisleโs history and businesses atย https://www.carlisle.com.
Carlisle Refocuses on Building Envelope Solutions
After the CIT sale, Carlisle will no longer use its wire and cable legacy as a growth engine. Instead, it will center its strategy on innovative building envelope products and solutions.
The company plans to deliver more energyโefficient buildings through advanced roofing, waterproofing, and related technologies. This focus supports Carlisleโs Vision 2030 goal to become a leading pure play building products company with strong sustainability and performance credentials.
