Accella Performance Materials Inc. has purchased Burtin Polymer Labs Inc. and Coating and Foam Solutions L.L.C. to further expand its manufacturing footprint.
Completion of the transactions gives Accella, based in Maryland Heights, Mo., three acquisitions during a two-day span. It finalized a deal to buy Premium Spray Products Inc., a manufacturer of spray foams and specialized polyurethane systems, on Sept. 9.
A polyurethane and recycled rubber product maker, Accella added Burtin Polymer Labs and Coating and Foam Solutions, both based in Cartersville, Ga., to its group of companies because the company said they are leading manufacturers of spray polyurethane foams and coatings for insulation and roofing.
They also produce specialized spray elastomers, including the bullet Liner brand for truck bed liners and heavy duty coatings.
With the acquisition of the two businesses, “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,” John Televantos, a partner of Arsenal Capital, which acquired Accella in 2012, said in a news release.