02 May 2013 16:45 [Source: ICIS news]
HOUSTON (ICIS)--US-based private equity firm Arsenal Capital Partners has acquired Pathway Polymers, a supplier of polyurethane (PU) tyre fill material and equipment, from the Vita Group, Arsenal announced on Thursday.
Financial details were not disclosed.
Established in 1971, Chattanooga, Tennessee-based Pathway invented TyrFil, the world’s first PU tyre fill material intended for flat-proof tyres, Arsenal said in a press release.
Pathway is a supplier to major mining, construction, rental and original equipment manufacturing customers across the globe.
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