Durability + Design
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

Advertisement

Durability + Design (D+D)


D+D News

Main News Page


RPM Adds to Rust-Oleum Europe

Wednesday, January 4, 2017

More items for Decorative Finishes

Comment | More

RPM International Inc., the parent company of Rust-Oleum, has announced a deal to acquire SPS Group (SPS), a Dutch decorative and specialty coatings company.

Terms of the transaction, announced Dec. 21, were not disclosed.

RPM International
RPM International

RPM International, based in Medina, OH, is the parent company of Rust-Oleum, Carboline, Tremco and dozens of other coating, sealant and chemical brands.

Based in Hertogenbosch, the Netherlands, SPS has annual net sales of approximately $60 million.

SPS produces topcoats for interior and exterior walls, primers, lacquers, floor and roof coatings, metal coatings, wood stains and finishes, plasters and more. Its major customers are large home center chains and builder merchants based in the Netherlands. Its products are used by painters, plasterers, industry and do-it-yourselfers.

Under the deal, SPS will operate as part of RPM’s Rust-Oleum European business.

"By leveraging the manufacturing and distribution strengths of SPS, we expect this acquisition to accelerate Rust-Oleum's growth in the Netherlands and other nearby European countries," said Frank C. Sullivan, RPM chairman and CEO. "It will also allow the existing customer base of SPS to benefit from Rust-Oleum technologies and innovations."

The transaction is expected to be accretive to earnings within one year, excluding one-time costs, according to RPM.

   

Tagged categories: Acquisitions; Business matters; Coatings manufacturers; Decorative painting; RPM; Rust-Oleum Corp.

Comment Join the Conversation:

Sign in to our community to add your comments.

Advertisements
 
PPG Paints
 
SPEEDHIDE® PRO-EV ZERO INTERIOR PAINT
 
For a dependable, VOC-free interior paint, professionals who are both performance-conscious and cost-conscious rely on PPG PAINTS™ Speedhide Pro-EV zero.
 

 
Pratt & Lambert Paints
 
Trusted Performance with Proven Results
 
Pratt & Lambert’s finest, Accolade® Premium Paint & Primer, applies flawlessly with superb hide and long-lasting durability for great results, every time.
 

 
KTA-Tator, Inc. - Corporate Office
 
KTA Analyzes
Coating Failures
 
• Field Diagnosis
• Lab Diagnosis
• Determination of Cause
• Recommendations
www.kta.com
800-245-6379
 

 
Atlas Material Testing Technology
 
Helping You Put Your Products To The Test
 
  • Outdoor Accelerated Weathering
  • Laboratory Testing Services
  • Accelerated Weathering Instruments

  • www.atlas-mts.com
    atlas.info@ametek.com
 

 
A&I Coatings
 
Vitreflon – the hallmark of colour stable protective coatings
 
Vitreflon two pack fluoropolymer coatings display unsurpassed colour and gloss retention making Vitreflon the coating of choice for high value infrastructure and architecture. Contact us today to find out how Vitreflon can outperform on your next project. Vitreflon distributorships available.
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@durabilityanddesign.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 

© Copyright 2012-2017, Technology Publishing Co., All rights reserved