Arsenal Capital buys Dash Multi-Corp.

Published: December 20, 2012 6:00 am ET

Related to this story

Topics Materials, Mergers & Acquisitions, Suppliers, Sustainability, Recycling

NEW YORK (Dec. 20, 12:15 p.m. ET) – Private equity firm Arsenal Capital Partners has signed a deal to buy Dash Multi-Corp., a manufacturer of formulated polyurethane, vinyl plastisol, specialty coatings and recycled rubber products.

Founded in 1973 by Marvin Wool, St. Louis-based Dash has annual sales of more than $100 million, according to New York-based Arsenal Capital.

Arsenal is buying the company from Wool. Terms were not disclosed.

Dash has seven U.S. manufacturing plants serving two primary businesses: MarChem, which makes PU, vinyl plastisols, specialty coatings and adhesives; and the recycled rubber business, which makes large mat pressed products, rolled rubber, and molded goods for commercial flooring and industrial applications.

Dash claims to be one of the largest U.S. tire recyclers, processing more than 30 million pounds of tires into rubber particles annually.

Arsenal’s specialty industrial group has made five acquisitions in 2012, including one earlier this week: the Tint-Ayd brand line of alkyd polyester-based colorants from Elementis Specialties Inc. of London.

Other Arsenal plastics holdings include Chromaflo Technologies Corp., the business it created earlier this year by merging Plasticolors Inc. and the Colortrend business of Evonik Industries AG — both of which Arsenal had acquired in 2012. Chromaflo is based in Ashtabula, Ohio.


Comments

Arsenal Capital buys Dash Multi-Corp.

Published: December 20, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Study: 75 percent of Australia's ocean debris is plastic

September 18, 2014 7:48 pm ET

About 75 percent of the trash found in the waters off Australia's beaches is plastic, with most of that coming from local sources rather than sea-...    More

Image

Investor group wants DuPont to split in two

September 18, 2014 7:37 pm ET

Investment firm Trian Fund Management LP is calling for plastics and chemicals giant DuPont Co. to split itself into two firms, one of which would...    More

Image

P&G removing PE microbeads from its Crest brand toothpaste

September 18, 2014 1:57 pm ET

After months of prodding, Procter & Gamble Co., the makers of Crest brand toothpastes, say polyethlene microbeads will be completely removed from its ...    More

Image

PET to PET boosts recycling capacity

September 18, 2014 11:14 am ET

PET to PET Recycling Austria GmbH, a bottle-to-bottle PET recycling operation backed by Coca-Cola Hellenic Bottling and several beverage manufacturers...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events