Icynene U.S. Holding Corp. and Lapolla Industries Inc. have announced the completion of their previously announced merger. The combined company is a manufacturer and distributor of spray foam polyurethane foam insulation (SPF) products.
Going forward the two companies will operate as Icynene-Lapolla. Together, the combined business will have offices in Canada and the U.S.
“We are excited about the completion of the merger. The two businesses have complementary SPF products and both have a commitment to innovation,” says Mark Sarvary, chief executive officer of Icynene-Lapolla.
Doug Kramer, president, Icynene-Lapolla, adds, “It is an exciting time for Icynene-Lapolla. We look forward to expanding the use of our products both regionally and worldwide.”