Calgary, Canada - Superior Plus Corp., a Canadian company with interests in speciality chemicals and construction products, has acquired Specialty Products & Insulation, a US-based distributor of polyurethane insulation and architectural products, for $135 million, a 24 Sept. Superior statement said.
"The closing of this transaction allows Superior to become a leading specialty construction products distributor and service provider in North America," said Grant Billing, ceo of Superior Plus. "We have made considerable progress in organising our US construction products business and look forward to working with an experienced SPI team. We are confident that the development of this business segment will be a platform for additional future growth opportunities," he added. (RD)