Arsenal Capital Sticks Another Company onto Royal Adhesives
May 24, 2012
Royal Adhesives & Sealants, a portfolio company of Arsenal Capital, has announced that it will acquire substantially all of the assets of Clifton Adhesives. Clifton, which specializes in thermoplastic and elastomeric adhesives and coatings used in aerospace, marine and military applications, will allow Royal to continue building its business in niche markets. The deal comes less than a month after Royal purchased Extreme Adhesives and marks the company’s third add-on transaction in the last six months.