ST. LOUIS—Accella Performance Materials Inc. has purchased Premium Spray Products Inc., a manufacturer of spray foams and specialized polyurethane systems.
Premium's spray foams are used for insulation and roofing while its specialized polyurethane systems are aimed at niche applications.
Financial details were not disclosed.
It will continue to produce its product line and handle customer service from its present facilities in Marietta, Ga., and Regina, Saskatchewan, Accella said.
The acquisition of Premium “supports Accella's strategy to build the leading polyurethane systems house in North America,” said Andy Harris, president and CEO of Accella Performance Materials “We are attracting, investing in and developing the ‘best of the best' in polyurethane technology and service.”
Premium President Mac Hess will remain on with Accella, according to the company. He said the merging of the companies “is truly a great cultural fit to bring the best value and opportunities to customers and employees alike.”