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American Securities LLC and Arsenal Capital Partners announced that American Securities has partnered with management and signed a definitive agreement to acquire Royal Adhesives and Sealants, LLC, a leading producer of proprietary, high-performance adhesives and sealants, from Arsenal Capital Partners. The transaction is expected to close this month and is subject to customary closing conditions and regulatory approvals. Financial terms of the transaction were not disclosed.
Headquartered in South Bend, Indiana, USA, Royal offers a broad range of speciality formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets, including aerospace and defence, construction, speciality packaging, automotive and industrial.