American Securities to Acquire Royal Adhesives and Sealants from Arsenal Capital Partners
NEW YORK -- American Securities LLC and Arsenal Capital Partners announced that American Securities has partnered with management and signed a definitive agreement to acquire Royal Adhesives and Sealants, LLC ("Royal" or the "Company") a leading producer of proprietary, high-performance adhesives and sealants, from Arsenal Capital Partners. The transaction is expected to close in June of 2015 and is subject to customary closing conditions and regulatory approvals. Financial terms of the transaction were not disclosed.Headquartered in South Bend, Indiana, Royal offers a broad range of specialty formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets, including aerospace and defense, construction, specialty packaging, automotive, and industrial. The Company utilizes a variety of chemistries to offer customized epoxy, solvent-based, and water-based products to meet the most demanding adhesive and sealant applications.Ted Clark, President and CEO of Royal Adhesives & Sealants, said, "We are excited to partner with American Securities because they are ideally positioned to support our next phase of growth and development. American Securities has significant experience in the specialty chemical sector and a broad and experienced team upon which we can draw. We look forward to working with them as we continue to focus on providing adhesive and sealant application solutions that create value for our global customers."Scott M. Wolff, Managing Director at American Securities, commented, "We believe that the Companys commitment to product innovation, combined with its experienced and customer-focused management team, positions Royal for a strong future. We look forward to bringing our resources to bear to support Ted and his team for Royals continued success."
相關(guān)閱讀
本站所有信息與內(nèi)容，版權(quán)歸原作者所有。網(wǎng)站中部分新聞、文章來(lái)源于網(wǎng)絡(luò)或會(huì)員供稿，如讀者對(duì)作品版權(quán)有疑議，請(qǐng)及時(shí)與我們聯(lián)系，電話：025-85303363 QQ：2402955403。文章僅代表作者本人的觀點(diǎn)，與本網(wǎng)站立場(chǎng)無(wú)關(guān)。轉(zhuǎn)載本站的內(nèi)容，請(qǐng)務(wù)必注明"來(lái)源：林中祥膠粘劑技術(shù)信息網(wǎng)（www.www.jwmov.com）".
網(wǎng)友評(píng)論
加載中...
