Accella Performance Materials, a manufacturer of polyurethanes and recycled rubber products, recently acquires Burtin Polymer Labs (BPL) and Coating and Foam Solutions (CFS), a manufacturer of spray foams and coatings for insulation and roofing as well as specialized spray elastomers.
US-based Burtin Polymer Labs and Coating and Foam Solution produce the Bullet Liner brand for truck bed liners and heavy duty coatings.
“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,” said 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.”