NEW YORK – Private equity firm Arsenal Capital Partners has signed a definitive agreement to sell Accella Performance Materials, a North American specialty polyurethane platform, to Carlisle Companies Inc. 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 United States, Germany and China.