SOUTH BEND, Ind. (May 24, 2012)—Royal Adhesives & Sealants plans to acquire Clifton Adhesives, a supplier of adhesives and coatings to the aerospace, military, recreational and commercial marine markets.
Clifton's products use thermoplastic polyurethane and polychloroprene elastomer for fabricating inflatable structures.
The deal, the third by Royal in the past six months, builds on Royal's strong platform of adhesives, sealants and coatings products, the company said.
“Clifton's elastomeric adhesives will add to our growing portfolio of leading adhesives and sealants technologies and we look forward to working with the Clifton team to successfully integrate the Clifton business into Royal,” said Ted Clark, CEO of the company, which is owned by Arsenal Capital Partners.