American Securities to Acquire Royal Adhesive & Sealants
April 28, 2015
American Securities has entered into a definitive agreement to acquire Royal Adhesives and Sealants from Arsenal Capital Partners. Backed by Arsenal in 2010, 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 & defense, construction and automotive. The transaction is expected to close in June. Weil, Gotshal & Manges acted as legal advisor to American in connection with the transaction.