IHS Chemical Week

People & Business :: M&A

Aurora completes sale of Adco to Arsenal Capital Partners

9:11 PM MDT | July 31, 2013 | Natasha Alperowicz

Aurora Capital Group (Los Angeles) said on Wednesday that it has completed the previously announced sale of Adco Global (Lincolnshire, IL), a leading manufacturer of specialty adhesives, sealants and tapes, to Arsenal Capital Partners (New York). The Valence Group acted as M&A adviser to Arsenal Capital on its purchase of Adco and its merger with subsidiary company Royal Adhesives & Sealants (South Bend, IN). Jefferies LLC acted as financial adviser and Gibson, Dunn & Crutcher as legal adviser to Aurora and Adco. Terms of the transaction were not...

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