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Chemical Week Magazine :: Specialty Chemicals
Arsenal Capital Adds to Adhesives Portfolio
6:05 AM MST | December 9, 2011
Royal Adhesives & Sealants (South Bend, IN), owned by private-equity firm Arsenal Capital (New York), has agreed to acquire Craig Adhesives & Coatings (Newark, NJ), a supplier of ultraviolet light cured and water-based coatings, for an undisclosed sum. The deal â€śbuilds on Royalâ€™s strong position in the packaging and graphics arts market,â€ť and will enable Craigâ€™s current owner, Vertis Communications (Baltimore), to focus on cross-media solutions. â€śCraig has a long history of innovation in the fast growing market for ultraviolet light cured...
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