Arsenal Capital buys Dash Multi-Corp.

Published: December 20, 2012 6:00 am ET

Related to this story

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

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

Brown signs California's plastic bag ban into law

September 30, 2014 1:38 pm ET

Gov. Jerry Brown (D) made it official today: plastic bags are banned across the entire state of California.    More

Image

New Hexcel plant will supply carbon fiber for Airbus A350 XWB

September 30, 2014 2:43 pm ET

Hexcel Corp. is investing $250 million on a new carbon fiber plant in France, with part of the production going into the future Airbus SAS A350 XWB.    More

Image

Welding equipment supplier Forward completes expansion

September 30, 2014 4:08 pm ET

Plastic welding equipment producer Forward Technology completed an expansion it predicts will help customers become more efficient and cut costs.    More

Image

Extreme Tool uses remote Michigan location to attract younger workers

September 30, 2014 3:47 pm ET

“I'm not saying there's anything wrong with being an old guy like me. But I do believe in the power of youth and reinvesting in training. The...    More

Image

LyondellBasell CEO Gallogly to retire

September 30, 2014 3:00 pm ET

James Gallogly, CEO of Houston-based polyolefins producer LyondellBasell Industries NV, on Sept. 29 announced plans to retire in 2015.    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events