Steel Products
July 18, 2017
Drexel Metals Acquired by Carlisle Construction
Written by Sandy Williams
Drexel Metals, a custom metal fabricator and portfolio company of Arborview Capital, has been acquired by Carlisle Construction Materials. Drexel, headquartered in Louisville, Ky., is a leader in the residential and nonresidential architectural metal roofing segment with regional facilities in Pennsylvania, Kentucky, Colorado and Maryland.
Drexel provides on-site rolling of metal panels, custom trim and cornice fabrication, edge metal and a wide range of underlayment and insulation products.
Drexel’s senior management team will continue to work with CCM to expand the brand’s presence in the architectural metal roofing segment.
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CCM CEO John Altmeyer commented, “Drexel Metals represents an outstanding opportunity for CCM to expand its roofing presence beyond its traditional low-slope, single-ply segment. The fragmented nature of the metal roofing business allows for both greenfield and acquisition growth opportunities that the experienced team at Drexel will be encouraged to pursue.”
