09.09.15
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. ”
“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. ”