Covestro LLC has completed the sale of its North American spray polyurethane foam system house to Accella Polyurethane Systems LLC. Accella is a portfolio company of Arsenal Capital Partners. Financial terms have not been disclosed.
Covestro’s spray polyurethane foam business is located in Spring, Texas. The roughly 40 Covestro employees at the facility have been engaged by Accella. Operations will continue at the current facility.