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Company News

SPI Joins the VersaFlex Family of Specialty Coatings Companies

May 2, 2019

KANSAS CITY, KS - Specialty Products (SPI) has joined the VersaFlex family of companies. Headquartered in Lakewood, Washington, SPI is a leading manufacturer of specialty polyurea and polyurethane foams coatings with over 45 years of experience formulating high-performance solutions.

"This is an exciting opportunity for employees and customers of SPI. Building on the 45-year success of SPI under the direction and leadership of Dan Helton and Curt Josaitis, merging with VersaFlex will allow SPI and its customers to reach new levels of success with a broader product offering and innovation support," said Robert Jamieson, EVP M&A and Integration for VersaFlex.

SPI joins VersaFlex, Raven Lining Systems, Milamar Coatings, Bridge Preservation and Vanberg Specialized Coatings as part of a portfolio of specialty coating solutions across an array of markets and industries.

"We're excited to join forces with SPI. This move allows us to broaden our specialty coatings portfolio and increase our focus on polyurea coating and foam solutions. We look forward to leveraging the increased scale this acquisition provides," said Tom Verghese, CEO of VersaFlex.

KEYWORDS: mergers polyurethane

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