Accella completes acquisition of spray polyurethane foam business from Covestro – UV absorber manufacturer

Accella has completed the acquisition of Covestro’s North American spray polyurethane foam (SPF) business.

“We are pleased to announce the completion of this important acquisition. Bringing together the best people,” said Andy Harris, CEO and President. , technology, service and support, offering the broadest Spray Polyurethane Foam (SPF) network in North America, with the primary goal of By combining our technical and application expertise, we have the ability to further assist the industry in establishing Spray Polyurethane Foam as an insulation material, thereby improving our customers’ Performance and profitability.

Chris Brink, Vice President of Accella, added: “Spray polyurethane foam is one of the most exciting innovations in modern construction, and we understand that our customers demand the best. Service, product and brand support. This acquisition delivers exactly these three elements and our focus is on making it seamless for customers and suppliers. There are no significant changes to the organization, service or support our customers require. Accella It is now critical to provide channel partners with industry-leading support tools and new products with a focus on industry growth.”

John Televantos, partner at Arsenal Capital, said: “This acquisition further supports our strategy to build a leading company with dedicated resources. Independent polyurethanes company driving the benefits of polyurethane technology across a variety of markets, we are committed to supporting Accella’s continued growth and investing in strategies that will further transform the business.

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