| Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise


Download our free Bridge Coating Systems eResource Book

Paint and Coatings Industry News

Main News Page

Adhesives Maker Sticks to Fast Track

Thursday, May 31, 2012

More items for Coating Materials

Comment | More

Royal Adhesives & Sealants of South Bend, IN, has completed a blitz of takeovers that is fast reshaping the market for high-performance adhesives, sealants and related coatings.

A producer of high-performance adhesives, sealants, coatings and polymers for the defense, aerospace, construction and industrial markets, Royal has snapped up three similar companies in less than six months.

 Acquisitions and organic growth have boosted Royal Adhesive’s sales to more than $250 million.
Acquisitions and organic growth have boosted Royal Adhesive’s sales from $35 million in 2003 to more than $250 million today.

The pace, though aggressive, is not unexpected: Royal made five similar acquisitions from December 2004 to September 2007 and was purchased by private equity firm Arsenal Capital in November 2010.

Put on the fast track to grow, Royal acquired Para-Chem, a South Carolina-based provider of specialty coatings, emulsion polymers and adhesives, just two weeks later.

3 Companies, 6 Months

Royal’s latest addition, announced May 23, brought Clifton Adhesive Inc., of Wayne, NJ, into the fold. Founded in 1945, Clifton is a major supplier to the aerospace, military, recreational and commercial marine market of thermoplastic (polyurethane) and elastomeric (polychloroprene) adhesives and coatings, which are used in fabricating inflatable structures.

Just weeks earlier, Royal announced the acquisition of Extreme Adhesives, of Raymond, NH,  the largest combined manufacturer/distributor of industrial adhesives in New England.  Extreme supplies methyl methacrylate, anaerobic and cyanoacrylate adhesives to the assembly, maintenance and repair, and architectural and building markets.

On Nov. 30, Royal announced it was buying Webcraft Chemicals, which operates under the name Craig Adhesives & Coatings (Craig), a subsidiary of Vertis Communications. Based in Newark, NJ, Craig is a supplier of UV-cured and water-based adhesives and coatings to the printing and graphic arts markets.

‘Niche Acquisitions’

It is that kind of growth—both organically and through acquisitions—that has catapulted Royal from $35 million in annual sales in 2003 to more than $250 million today, the company says.

“We continue to identify leading niche companies that will enhance our product offerings to the markets in which we have chosen to compete,” said Royal CEO Ted Clark.

 Royal’s latest acquisition is Clifton Adhesive, a major supplier to the aerospace, military and commercial marine market.

 Clifton Adhesive Inc.

Royal’s latest acquisition is Clifton Adhesive, a major supplier to the aerospace, military and commercial marine market.

Added John Televantos, a Partner at Arsenal Capital: “We are building the Royal adhesives business in part by selectively identifying niche acquisitions in this specialty subsector where we can apply our deep industry knowledge to achieve enhanced growth.

“We are well on our way to building a strong company that will itself become a leading competitor on a global scale.”

What They Bring

The new additions expand the breadth and depth of Royal’s products and brands, which include Harman Structural Adhesives, Silaprene, Hydra FAST-EN, Parabond and Double/Bubble.

For example, Clifton’s elastomeric adhesives “will add to our growing portfolio of leading adhesives and sealants technologies,” says Clark.

The Extreme acquisition taps that company’s “long history of innovative service, application methods and product performance in the fast growing assembly, maintenance and repair, and architectural markets,” said Zappala.

And Craig brings with it  “a long history of innovation in the fast-growing market for ultraviolet light-cured adhesives and coatings and is providing great solutions and service to the packaging, printing and lamination markets,” said Televantos.

Arsenal Capital Partner Tim Zappala said the latest deal, with Clifton, “represents another important milestone in our strategy to further build a leading adhesives, sealants and coatings business.”


Tagged categories: Acquisitions; Adhesive; High-performance coatings; Marine Coatings; Mergers; Sealers

Comment Join the Conversation:

Sign in to our community to add your comments.

International Paint LLC

International Paint Engineered Coatings

Learn about our solutions for:
  • Structural Steel
  • Piping & Equipment
  • Storage Tanks
  • Pressure Vessels
  • Secondary Containment

    Polyval Coatings
    Polyflex® Polyurea Linings

    Polyflex™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.

    Sherwin-Williams Protective & Marine Coatings

    With 4,000 distribution points and 3,700+ years of experience, Sherwin-Williams delivers the products, support and expertise you need, right where you need it.

    New resins from BASF will have metals loving water:

    Excellent corrosion resistance, low VOC, high gloss, thin films

    Modern Safety Techniques
    Modern Safety Techniques

    With our unique LTCat, we can help to provide clean, safe breathing air to your workers. Take a look at our Breathing Air Systems, we supply at least twice as much charcoal as our competitors! Modern

    Carboline Company
    Hydrocarbon Fire & Jet Fire Protection

    Pyroclad X1 is the latest breakthrough in epoxy based intumescent fireproofing technology

    Minerals Research & Recovery


    “Made in the USA!”

    Why recycle waste from other countries? Go FASTER, CLEANER, at 1/3 THE COST with MR&R “All-American” Sharpshot®HP!!



    Temporary climate control equipment. Dehumidifiers,
    Heaters, A/C, Power, More…
    Toll Free: 866-379-2600

    Armakleen Company, The
    ARMEX when nondestructive cleaning is critical

    When substrates cannot be damaged ARMEX is the only choice for blast media. ARMEX is a USDA approved A-1 cleaner available in eleven formulations.

    US Minerals
    US Minerals -
    Black Magnum

    With nationwide production and distribution capabilities, U.S. Minerals supplies a complete range of coal slag and other abrasives to meet all of your blasting needs.

    Technology Publishing

    The Technology Publishing Network

    The Journal of Protective Coatings & Linings (JPCL) PaintSquare
    Durability + Design Paint BidTracker

    EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
    REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
    MORE:      About   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us

    © Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
    2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail