Accella Performance Materials Acquires IPS Polymer Systems
Accella Performance Materials Inc. recently announced the acquisition of IPS Polymer Systems Inc. Accella is backed by Arsenal Capital Partners. The acquisition reportedly further supports Accella’s strategy to build the leading polyurethane systems house in North America, with an even stronger presence on the West Coast.
“IPS and Accella have over 40 years of experience with polyurethane technology and proprietary formulations,” said Andy Harris, CEO of Accella. “IPS is an excellent fit with Accella’s current polyurethanes business and will bring expanded technology and capabilities to both companies.”