RPM International Inc. announced the acquisition of Ready Seal Inc. (Ready Seal), a Texas-based manufacturer of exterior wood stains, including its Goof-Proof™ stain-and-sealer-in-one, for its Rust-Oleum business in the Consumer Group.
This strategic acquisition strengthens Rust-Oleum’s portfolio of exterior wood care products, a segment that continues to gain traction among professional contractors and DIY enthusiasts. Additionally, Rust-Oleum says it is positioned to leverage its sales force and distribution channels to accelerate sales of Ready Seal’s products.
“We welcome Ready Seal’s employees and easy-to-use ‘Goof-Proof’ products to RPM,” said Frank C. Sullivan, CEO of RPM. “This acquisition strengthens our offerings in the attractive exterior wood care category and Rust-Oleum is well-positioned to leverage its competitive strengths to accelerate Ready Seal’s growth.”
Terms of the transaction were not disclosed.