Please wait.'

Page is loading'


Home  > Markets & companies  > Coatings market  > RPM acquires U.S. manufacturer Seal-Krete

Wednesday, 17 July 2019
pdf
Markets & companies, Coatings market

RPM acquires U.S. manufacturer Seal-Krete

Thursday, 10 March 2016

RPM International Inc. announced that its Rust-Oleum Corporation subsidiary has acquired Seal-Krete, a manufacturer of concrete care coatings and sealants for the retail market with annual net sales in excess of EUR 9.07 million.

The acquisition of Seal-Krete expands Rust-Oleum's range of concrete care products. Source: Alexander Klaus/pixelio.de

The acquisition of Seal-Krete expands Rust-Oleum's range of concrete care products. Source: Alexander Klaus/pixelio.de

Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.

Formerly a division of Clayton Valve

Seal-Krete, formerly a division of Clayton Valve, manufactures a complete line of priming, painting, sealing and finishing products for maintaining and decorating concrete, masonry, brick and pavers. Its products are sold primarily through home improvement centers, as well as through independent hardware and paint stores. Among its leading brands are "Seal-Krete" Original, "Damplock", Epoxy-Seal and Clear-Seal.

"The acquisition of Seal-Krete expands Rust-Oleum's range of concrete care products. Complementing our existing 'EpoxyShield' and 'RockSolid' lines, Seal-Krete will allow us to offer a complete one-stop-shop for concrete care," stated Frank C. Sullivan, RPM chairman and chief executive officer. "We expect to grow Seal-Krete by leveraging its products across the Rust-Oleum distribution network."

top of page
Comments (0)
Add Comment

Post comment

You are not logged in

register