Royal Holdings Buys Adhesives Packaging
Royal Packaging Specialties has acquired Adhesives Packaging Specialties and will operate the company as a standalone business in packaging, mixing and applying adhesives.
Royal Packaging is a subsidiary of Royal Holdings Inc., a holding company of Arsenal Capital Partners. The New York-based private equity firm invests in middle-market companies.
Terms of the acquisition were not disclosed.
Multiple Industries
Peabody, MA-based APS custom packages one- and two-component adhesives, sealants and resins, including acrylic, anaerobic materials, conductive, epoxy, polysulfide, polyurethanes, premixed frozen syringes, UV curable and other polymers used in a variety of industries.
Terms of the acquisition were not disclosed.
Multiple Industries
Peabody, MA-based APS custom packages one- and two-component adhesives, sealants and resins, including acrylic, anaerobic materials, conductive, epoxy, polysulfide, polyurethanes, premixed frozen syringes, UV curable and other polymers used in a variety of industries.
APS is an ISO 9001: 2008 and AS9100C registered facility.
"We are excited to acquire the market-leading and most innovative custom packager that will serve as a standalone platform to build a larger business dedicated to improving our domestic and international customers process for packaging, mixing and applying adhesives and sealants that are specified for use in their end products," said Ted Clark, CEO of Royal Holdings.
APS President Stephen Buchanan said, "We are very pleased to partner with Ted Clark and Arsenal, who have significant experience in the custom packaging segment of the adhesives and sealants industry and will help us develop and grow the unique and innovative packaging business model that APS has developed as a result of more than 30 years in the custom adhesives and sealants packaging business."
About APS
Founded in 1977, APS began by custom packaging single- and multi-component resin materials. The company's customers include formulators and end users in construction, aerospace, automotive, computers, electronics, telecommunications and other industries.
More information: www.adhesivepackaging.com
