Posted October 2, 2017

Carlisle Companies to acquire Accella Performance Materials

Carlisle Companies has entered into a definitive purchase agreement to acquire Accella Performance Materials from Arsenal Capital Partners for $670 million in cash.

Accella Performance Materials offers a wide range of polyurethane products and solutions across a broad diversity of markets and applications. Accella, headquartered in Maryland Heights, Missouri, has annualized revenue of approximately $430 million.

“Accella provides an excellent adjacent opportunity into the attractive polyurethane market, which includes Spray Polyurethane Foam and Liquid Applied Roofing," said D. Christian Koch, Carlisle president and CEO.

He said both markets are expected to grow annually at 10 percent to 15 percent through 2020, outpacing broader construction market growth. 

Upon completion of the transaction, the business will be reported as part of the CCM segment.