Private equity firm Arsenal Capital Partners has recently announced that its coatings platform, Seal For Life Industries has acquired the Canusa-CPA and Dhatec businesses from Shawcor.
Canusa has operations in Canada, the Netherlands, the United States and the United Arab Emirates and employees more than 250 employees, and its products include, visco-elastic adhesives, mechanical protection systems and liquid epoxy coatings.
On the acquisition, Jeff Oravitz, CEO of Seal For Life said, “We are delighted to welcome the Canusa team to the Seal For Life family, and look forward to working with them to accomplish our vision of being the leading global provider of protective coating and sealing solutions for infrastructure markets.”
