NEW YORK—Arsenal Capital Partners has acquired polyurethane product producer Arnco for an undisclosed amount.
Arnco will fall under the umbrella of Dash Multi-Corp., a firm Arsenal purchased in December 2012 that focuses on formulated polyurethane, vinyl plastisol, specialty coatings and recycled rubber products.
Established in 1971, South Gate, Calif.-based Arnco operates five primary businesses: Arnco Tire Flatproofing, a maker of flatproofing systems; Arnco Performance Polymers, a manufacturer of high-performance urethane systems; Carefree Tire, a supplier of a line of light weight solid, micro-cellular polyurethane tires; Arnco Construction Products, a producer of flexible and rigid roofing spray foams and UV protective coatings; and Arnco Europe.
Arnco has manufacturing operations in South Gate; Berea, Ohio; Manchester, England; and Jiaxing City, China.