Arsenal Capital Portfolio Co. Takes Over Adhesive Maker

Law360, New York (December 13, 2012, 9:05 PM EST) -- Indiana high-performance sealant and adhesives manufacturer Royal Holdings Inc., a portfolio company of private equity firm Arsenal Capital Partners Inc., has acquired Massachusetts-based Adhesives Packaging Specialties Inc. in a stock purchase, Arsenal Capital said Thursday.

The private equity firm announced that Royal Holdings had acquired APS' outstanding stock through its Royal Packaging Specialties subsidiary. Financial terms of the deal were not disclosed.

APS makes and packages one- and two-component adhesives, sealant and resin for a variety of industries. It serves the aerospace, automotive, computer, construction, electronics...
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