Innovative Chemical Products (the ICP Group) today announces the acquisition of Leeson Polyurethanes, a leading U.K.-based manufacturer of polyurethane adhesives and coatings used in a variety of sectors and markets.

Founded by the Leeson family in 1986, the company has experienced growth throughout its history by offering its customers high-quality, durable, protective, and flexible polyurethane products. ICP will incorporate Leeson’s offerings into its ICP Building Solutions Group (ICP BSG).

The company’s diverse portfolio of solutions for building and construction, insulation, sports surfaces, waterproofing and beyond will be highly complementary to the ICP BSG portfolio, and helps the organization extend its reach throughout the European market and around the world.

“We are pleased to welcome Leeson to the ICP BSG family of professional solutions. The acquisition will enable us to strengthen and broaden our extensive suite of professional solutions for our customers everywhere.” said Doug Mattscheck, CEO, ICP Group. “Leeson is a recognized leader in the U.K. and beyond, with a variety of innovative, high-quality solutions for professionals, making them a natural fit for ICP BSG.”

The acquisition allows ICP BSG to bring a range of Leeson solutions to new and existing customers, broadening the opportunities for ICP to deliver professionals everywhere quality, high-performance solutions.

For more information about ICP Building Solutions Group, visit at www.icpgroup.com. The ICP Group is a portfolio company of Audax Private Equity.