Carlisle to buy Belden's Thermax-Raydex business for $265 mln

Thu Nov 29, 2012 7:44am EST

Nov 29 (Reuters) - Diversified manufacturer Carlisle Cos Inc said it will buy Belden Inc's Thermax-Raydex business for about $265 million, including debt.

Thermax-Raydex makes hook-up, data and coaxial wires and cables for commercial aerospace, defense and industrial markets.

Carlisle expects the acquisition to add to its earnings in 2013.