Carlisle buys Accella Performance Materials for $670 Million USD

February 18, 2018

Carlisle buys Accella Performance Materials for $670 million USD.

NEW YORK, October 2, 2017 – Arsenal Capital Partners (“Arsenal”), a leading private equity firm that invests in middle-market specialty industrials and healthcare companies, announced today that it has signed a definitive agreement to sell Accella Performance Materials (“Accella”), a leading North American specialty polyurethane platform, to Carlisle Companies Incorporated (NYSE: CSL) (“Carlisle”) for $670 million.

Accella offers a broad range of polyurethane products and solutions across many markets and applications globally. The company, headquartered in Maryland Heights, Missouri, has annualized revenue of approximately $430 million and operates out of 10 manufacturing facilities and seven R&D laboratories in the U.S., Germany, and China.

About Accella Performance Materials

Accella is a leading manufacturer of custom formulated polyurethane systems, and polyurethane based recycled rubber products formed from the strategic combination of Dash Multi-Corp, MarChem, Arnco, Pathway Polymers, Ultimate Systems, RB Rubber, IPS Polymer Systems, Zeus, Premium Spray Products, Coating & Foam Solutions, Burtin Polymer Labs, Quadrant Spray Foam and Covestro’s Spray Foam business. The polyurethane business is focused on foams, binders, coatings, adhesives, sealants and elastomers. The recycled rubber products business manufactures recycled tire crumb, custom colored EPDM granules, custom and rolled matting, equine matting, athletic flooring, playground safety surfacing and various custom molded products, all based on Accella polyurethane technology. The company manufactures in 10 production facilities across the United States, Europe and China.

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