30 November 2010 13:41 [Source: ICIS news]
Royal, based in South Bend, Indiana, offers a broad range of specialty-formulated products for complex bonding, laminating and sealing applications across a range of markets, including aerospace and defense, construction, specialty packaging, automotive and industrial, Arsenal said.
“This is an exciting sector and we plan new investments in the business and further acquisitions to accelerate global growth and expand the platform into new technologies and geographies," said Arsenal partner John Televantos.
Arsenal’s investments in the chemical industry include Velsicol Chemical, a manufacturer of high performance chemicals used in agriculture and industrial applications.
Earlier this year, Arsenal sold Genovique Specialties to Eastman Chemical.
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