Arsenal Capital-backed Seal For Life Industries to acquire Canusa from Shawcor.

Arsenal Capital-backed Seal For Life Industries, a provider of corrosion prevention, waterproofing, fire and heat protection, and insulation products, agreed to acquire Canusa, a provider of mission critical corrosion protection solutions, from Shawcor, a Canadian oilfield services company. Financial terms were not disclosed. "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. The incorporation of Canusa into the Seal For Life platform increases our global scale and the ability to meet the needs of our many global customers," Jeff Oravitz, Seal For Life CEO.