Bayer MaterialScience acquires Polythane Systems.Bayer MaterialScience Bayer MaterialScience (BMS) is an independent subgroup within Bayer AG. It was created as part of the restructuring of Bayer AG from the former business group Bayer Polymers, with certain of its activities being spun off to Lanxess AG. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control has acquired Polythane Systems, Inc. (PSI), a supplier of spray polyurethane foam roofing systems in the U.S. Financial terms of the acquisition were not disclosed. Bayer MaterialScience will operate PSI through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , BaySystems North America LLC, and will retain PSI's trade names, employees and facilities. The acquisition includes PSI's Everest Coatings, Inc., which manufactures acrylic elastomeric coatings, polyurea, sealants and primers. Jerry MacCleary, who heads the polyurethanes business unit's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. regional marketing and business development operations for Bayer MaterialScience LLC, said, "The PSI acquisition will give us a significant entry into the commercial roofing business and other specialty markets." |
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