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
Companies & Associations

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

Ford moving forward in carbon fiber for 'high volume' use

April 17, 2015 10:21 am ET

Ford Motor Co. has signed a deal with a carbon-fiber manufacturer to jointly explore “high-volume” automotive uses for the lightweight...    More

Image

Thailand's Royal Group adding thermoforming plant in Indiana

April 17, 2015 11:17 am ET

Royal Interpack North America Inc. is spending $12 million to make recycle-content PET clamshell containers in Anderson, Ind.    More

Image

Zoltek expanding CF capacity in Europe

April 17, 2015 10:12 am ET

Leading carbon fiber group Zoltek Corp. has signed a strategic agreement with the Hungarian government to expand its operation in northern Hungary,...    More

Image

Hanwha Azdel adds capacity in Lynchburg

April 16, 2015 2:01 pm ET

Composite maker Hanwha Azdel Inc. will add space and a new production line at its Lynchburg, Va., production facility, the company announced April 16.    More

Image

Denmark's Faerch Plast looks to expand packaging market beyond Europe

April 16, 2015 10:52 am ET

Denmark-based Faerch Plast A/S, a food packaging company, has announced it plans to target Australia, New Zealand, the Middle East, the U.S., Canada, ...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

Upcoming Plastics News Events

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events