How do you become the leading polyurethane product manufacturer in less than two years? Ask the adhesive and sealant experts at ICP. In just two acquisitions, ICP expanded their technology and product offerings, becoming one of the largest companies to serve the polyurethane foam industry. ICP Group acquired FOMO Products, a leading manufacturer of low pressure-one and two-component polyurethane foam sealant and adhesive products, and a previous pressurized polyurethane foam adhesive acquisition from 3M, to add new technology, a newly expanded customer base, new manufacturing facilities, and more strength in raw material purchasing.
Andover, Mass. – April 11, 2018 – ICP Construction, a division of Innovative Chemical Products (the ICP Group), today announces the acquisition of Pli-Dek Systems, Inc., a manufacturer of specialty coatings for the building industry.
ICP Group is a leading specialty platform company in the coatings, adhesives, sealants and elastomers (CASE) markets. Pli-Dek is an innovator of waterproofing solutions that will be integrated into ICP Construction’s flooring solutions group, joining the market-leading brands, Arizona Polymer Flooring, Super-Krete and Rock-Tred, as part of its building envelope coatings and systems offerings.
“The acquisition of Pli-Dek strengthens ICP Construction’s portfolio of Building Envelope products and extends our product offerings to external and infrastructure construction products,” said Doug Mattscheck, CEO of ICP Group. “With Pil-Dek’s 35+ years of experience in the specialty coatings market, our partnership reinforces ICP Construction’s industry leadership and strategically extends our geographic footprint to serve a broadened customer base of building professionals nationwide.”
Pli-Dek manufactures a wide variety of specialty coatings for the building industry, including waterproof deck coatings, fluid applied waterproofing membranes, epoxy flooring and concrete coatings. Since its inception in 1998, Pli-Dek has diligently trained its certified technicians to support its effort to offer the building industry practical and long-term solutions tailored to meet a wide variety of demanding project requirements. Learn more at http://plidek.com/.
Zain Mahmood, president of ICP Construction, added, “Pli-Dek was established when its founder developed an innovative deck coating that solved a performance need and revolutionized the building industry. The company’s foundation of industry knowledge, exceptional products and commitment to unparalleled performance and service aligns with our committment to deliver innovative solutions to our valued customers.”
“We are confident this acquisition will solidify our ability to continue to deliver the unparalleled performance and service our customers have come to expect from Pli-Dek based on our decades of service to the industry,” said Jeff Zember, president of Pli-Dek.
Innovative Chemical Products (the ICP Group) is a portfolio company of Audax Private Equity.
About ICP Construction, a division of the ICP Group
A global leader in the paints and coatings industry, ICP Construction is committed to providing the highest quality paints, coatings, sports surfaces and environmental remediation solutions for the architectural and building industries. Our family of award-winning brands provides innovative products, support and dedication to our customers. Our products set the standard in their markets, and our continued investment in advanced technology and delivery offers unparalleled value to our customers. Visit www.icp-construction.com for more information.
About ICP Group
Innovative Chemical Products (the ICP Group) is a leading specialty chemical company engaged in the formulation, manufacturing, and marketing of coatings, adhesives, sealants and elastomers (CASE). With operations headquartered in Andover, Mass., and divisional headquarters in Massachusetts, Ohio and Illinois, ICP serves multiple end markets, including: OEM, industrial, building materials, packaging, printing, specialty construction, and sports surfaces. ICP Group is privately held and manufactures products under several recognized, specialty brands. For more information on the Construction, Adhesives & Sealants, and Industrial divisions of the ICP Group, visit www.icpgroup.com.
Phillip McMillan, CompleteSpectrum
New All-Inclusive Kit Eliminates Need for Expensive Dispensing Equipment
Norton, Ohio –February 21, 2017 – ICP Adhesives & Sealants today announced the release of Polyset® Board-Max™, a new two-component, low-rise polyurethane foam adhesive engineered to secure insulation and cover boards to various roof decks and substrates.
Used in conjunction with Polyset CR-20®, the new Polyset Board-Max kit eliminates the need for costly accessories and the associated maintenance, lowering labor costs and accelerating the roofing process.
“At ICP Adhesives & Sealants we are proud to continue our tradition of innovation. Contractors have been looking for a quality adhesive that will simplify the job yet still provide top of the line adhesion properties,” said Max Miller, vice president, roofing. “Engineered for speed and simplicity, Board-Max is the solution that helps contractors succeed.”
Polyset Board-Max is VOC-compliant and compatible with many different types of roof decks, cover boards and substrates. It features high yield, fast grabbing adhesive in an all-in-one kit, offering up to 30 squares of coverage. This results in better application times by reducing the amount of change overs between kits, making Board-Max both quick and easy to use. Its ready-to-use capabilities streamline the adhesive process while the large application temperature window provides contractors with application flexibility in all seasons.
Board-Max can be used in ambient and on substrate temperatures down to 30° F (-1°C), eliminating the need for winter formulations. In order to maximize yield and help avoid off ratio dispensing, Polyset Board-Max also features ICP Adhesive & Sealants’ patented Colorwise® Temperature Warning Nozzles. These intuitive nozzles change from clear to blue, indicating that the chemical has reached a cold temperature below 60° F and the adhesive should not be dispensed until the chemical is warmed to the proper temperature.
Polyset Board-Max is available through many national roofing distributors and ICP Adhesives & Sealants partner roofing manufacturers nationwide.
About ICP Adhesives & Sealants, a division of the ICP Group
ICP Adhesives and Sealants, Inc. (ICP) is a leading manufacturer of low pressure one- and two-component polyurethane foam sealant and adhesives products in pressurized, disposable, and
refillable packaging. Our trusted brands include Polyset and Handi-Foam. For more information on ICP, visit www.icpadhesives.com.
About ICP Group
Innovative Chemical Products (the ICP Group) is a leading specialty chemical company engaged in the formulation, manufacturing, and marketing of coatings and adhesives. With operations headquartered in Andover, MA, and additional manufacturing and warehousing in Norton, OH, Waukegan, IL, Itasca, IL, Tomball, TX, and Coral Springs, FL., ICP serves the architectural, specialty construction, packaging, printing and sport surfaces end markets. ICP is privately held and manufactures products under several specialty brands, including Polyset, Handi-Foam, California Paints, Fiberlock, Dry-Treat, Storm System, California Sports Surfaces, Nicoat, MinusNine Technologies, and Rock-Tred. For more information on ICP Group, please visit www.icpgroup.com.