Accella Makes Two More Acquisitions
Accella Performance Materials, a leading manufacturer of polyurethanes and recycled rubber products today announced the acquisition of Premium Spray Products, a leading manufacturer of spray foams for insulation and roofing as well as specialized polyurethane systems for niche applications. Premium Spray Products, based in Marietta GA, and Regina, Saskatchewan will continue its outstanding product line and customer service as part of the Accella family.
"The acquisition supports Accella's strategy to build the leading polyurethane systems house in North America. We are attracting, investing in and developing the "best of the best" in polyurethane technology and service. In combination, our nationwide manufacturing and technical sales network will bring enhanced value and services, as well as an expanded offering, to provide even more solutions to our customers. Customers may continue to expect the same level of high quality products, service and support from Premium, with additional resources to bring even greater customer value," remarked Andy Harris President and CEO of Accella Performance Materials.
John Televantos, a partner at Arsenal Capital which acquired Accella in 2012, said, "We are very pleased to bring Premium Spray Products into the Accella group. With this strategic acquisition, Accella's strength as a leading value added Polyurethane Systems House is even stronger by leveraging the combined technical knowledge, customer support and manufacturing capabilities."
Roy Seroussi, a Principal at Arsenal Capital said, "Premium Spray Products has a history of proven products, customer service and positive reputation that fits very well with Accella's offering and culture."
Premium Spray Products President Mac Hess, who will stay on with Accella said, "We are very excited about the potential to leverage the technical, financial and personnel resources from Accella across North America. This is truly a great cultural fit to bring the best value and opportunities to customers and employees alike. We are very pleased to become a strategic part of Accella, singularly focused on spray polyurethane systems and coatings. We expect little or no change to our operations and customer service moving forward, and with enhanced investment and resources from Accella. "
Accella Performance Materials Announces Acquisition of Burtin Polymer
Labs and Coating & Foam Solutions
Leverages Polyurethane Technology, Manufacturing and Brands While Expanding
Into Additional Growth Markets
ST. LOUIS, MO – September 10, 2015 – Accella Performance Materials, a leading manufacturer of
polyurethanes and recycled rubber products today announced the acquisitions of Burtin Polymer Labs
(BPL) and Coating and Foam Solutions (CFS), a leading manufacturer of spray foams and coatings for
insulation and roofing as well as specialized spray elastomers including the Bullet Liner brand for truck
bed liners and heavy duty coatings. Burtin Polymer Labs and Coating and Foam Solutions are based in
Cartersville GA, and will continue to provide their broad line of high performance products with strong
customer support with even greater resources as part of the Accella family.
“The combination of Burtin and Accella provides strong technical expertise and a portfolio of
polyurethane system capabilities, allowing us to further expand our manufacturing foot print and provide
even more valuable solutions for our customers based on deep polyurethane technology and application
expertise,” remarked Andy Harris President and CEO of Accella Performance Materials.
John Televantos, a partner at Arsenal Capital which acquired Accella in 2012, said, “We are very pleased
to bring Burtin Polymer Labs and Coating & Foam Solutions into the Accella group. With this acquisition
we move toward a leading position as a value added manufacturer of specialty polyurethane foams for
insulation and roofing, silicone coatings for roofing and robust spray elastomers for heavy duty coatings.
This brings strong synergy to Accella, Burtin and our customers.”
Roy Seroussi, a Principal at Arsenal Capital said, “With great manufacturing and great people the
combination fits very well with Accella’s culture and history positioning the business for strong growth.”
Burtin Polymer Labs owner, Claudio Burtin said, “I am very pleased to see this great combination come
together. Accella is a great home for our employees and technologies, which will bring expanded
opportunities for our customers and employees alike. Accella is investing in and developing the “best of
the best” in polyurethane technology and service.”« Previous Post Next Post »