Carlisle Companies to buy TyrFil parent Accella

Carlisle Companies to buy TyrFil parent Accella

Carlisle Companies Inc. has agreed to buy Accella Performance Materials, a developer of polyurethane elastomer and foam systems - including the TyrFil flatproofing tire-fill business - from Arsenal Capital Partners for $670 million. Maryland Heights-based Accella has annualized revenue of approximately $430 million and estimated EBITDA margins approaching 15 percent.

from Biotech News