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Arsenal Seeks Buyers for Vertellus

9:44 AM MDT | July 31, 2007 | Chemical Week Editorial Staff

Private equity firm Arsenal Capital Partners (New York) says it is “exploring strategic options” for Vertellus Specialties (Indianapolis), the company Arsenal formed last year through the merger of Reilly Industries and Rutherford Chemicals. Arsenal says it has retained J.P. Morgan (New York) as its adviser on the deal. Vertellus had sales of $410 million in 2006; it does not disclose...

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