Royal Adhesives Acquires Chemque
Royal Adhesives and Sealants LLC, a portfolio company of Arsenal Capital Partners, recently announced that its subsidiary Royal Adhesives and Sealants Canada LTD will acquire substantially all of the assets of Chemque. Based in Toronto, Canada, Chemque is a supplier of polyurethane foams and adhesives to the telecom, flooring, and construction markets. This acquisition reportedly builds on Royal’s strong platform of leading adhesive, sealant and coating solutions.
“We continue to identify leading niche companies that will enhance our product offerings to the markets in which we have chosen to compete,” said Ted Clark, CEO of Royal. “The addition of Chemque will broaden our technical capability for polyurethane adhesives, potting compounds and foams.”