Carlisle acquires Graco Finishing Brands assets Carlisle (CSL) announced the signing of a definitive agreement to purchase from Graco (GGG) and its subsidiary Finishing Brands their held separate liquid finishing business assets a $590M cash transaction. The Liquid Finishing Brands business is currently being held separate from Graco’s other businesses pursuant to an order of the U.S. Federal Trade Commission and Graco is required to sell the business within 180 days after entry of the FTC’s final divestiture order, which occurred on October 6. The transaction is expected to be accretive to Carlisle in the first year. Carlisle will include Liquid Finishing Brands in a new industry segment named Carlisle Fluid Technologies. The acquisition is subject to FTC and other regulatory approvals and certain other closing conditions.