Arsenal And Seal For Life Announce Acquisition Of Canusa
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NEW YORK, Dec. 23, 2020 /PRNewswire/ Arsenal Capital Partners ( Arsenal ), a private equity firm that invests in middle-market specialty industrials and healthcare companies, announced today that its coatings platform, Seal For Life Industries ( Seal For Life ), has acquired the Canusa-CPS and Dhatec businesses ( Canusa or Company ) from Shawcor (TSX: SCL-T).
Canusa offers an innovative and differentiated platform of technically complex and highly engineered solutions through a comprehensive portfolio of mission critical corrosion protection solutions. The Company markets leading brands with strong reputations and operates from a global footprint to serve its diversified customer base. Canusa has operations in Canada, the Netherlands, the United States, and the United Arab Emirates and has over 250 employees. The Company s brands, including WrapidShrink™
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