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Royal Holdings, Inc., through its Kommerling UK Limited subsidiary, has acquired Chemical Innovations Limited from Vita (Group) Unlimited.
Royal Holdings, Inc., Through Its Kommerling UK Limited Subsidiary, Has Acquired Chemical Innovations Limited From Vita (Group) Unlimited
Chemical Innovations Limited's high performance rubber to metal adhesives add a new technology to Royal's global adhesives & sealants product portfolio
South Bend, IN. April 2, 2015) — Royal Holdings, Inc. (Royal), a portfolio company of Arsenal Capital Partners (Arsenal), announced that it has through its Kommerling UK Limited subsidiary, acquired the stock of Chemical Innovations Limited (CIL) from Vita (Group) Unlimited.
Based in Preston, UK, CIL is a leading developer and manufacturer of high performance rubber to metal, rubber to plastic, rubber to fabric and rubber to glass bonding adhesives for high performance automotive and industrial applications, including anti-vibration, hoses and belting and friction products. CIL sells to over 50 countries through a network of over 40 distributors.
“We are excited to acquire a leader in a technology that complements and adds to our already broad line of adhesives and sealants. CIL, like Royal, works closely with customers to provide adhesives solutions that enhance and add value to our customer’s products. We can help develop the global market though our global team of adhesives and sealants application professionals,” said Ted Clark, Chief Executive Officer of Royal.
Dick Spalton, Managing Director of Kommerling said, “CIL has a very experienced and talented management team, and we look forward to working with them to continue to develop the market for CIL’s product through our existing customer base and in developing and supporting their existing global distributor network.”
CIL Managing Director, Mr Aissa Benarous stated, “We are very pleased to become part of the Royal team, which will give us the opportunity to grow our business with an innovative and globally recognized company that focuses on its customers’ specific needs for adhesives and sealants solutions.”