Accella to buy spray polyurethane foam business from Covestro

Accella Polyurethane Systems Llc has agreed to acquire certain assets of the North American spray polyurethane foam (SPF) business located at Spring, Texas (USA), from Covestro Llc for an undisclosed amount.

“This acquisition will significantly improve Accella’s position in the spray polyurethane foam market and is another strategic step with our positive track record combining the best polyurethane based companies in the industry. The addition of a well-rounded product technology portfolio and a team of highly regarded industry experts will highly complement our current spray polyurethane foam business. Moving forward, Accella intends to focus on investing in and growing our spray foam business to meet the needs of our valued customers with the best people, products and service in the industry,” said Andy Harris, president and CEO of Accella.