Durability + Design

Building Performance and Aesthetics

A Product of Technology Publishing
JPCL/PaintSquare | D+D | Paint BidTracker

D+D 2014
Register Now for D+D 2014

Paint and Coatings Industry News

Main News Page


RPM Buys Wood, Concrete Systems Firm

Wednesday, September 26, 2012

More items for Coatings Technology

Comment | More

RPM International Inc. has not eased its quest to conquer.

The Medina, OH-based holding company’s Rust-Oleum Group has acquired Synta Inc., a maker of exterior wood deck and concrete restoration systems.

Terms of the deal, announced Monday (Sept. 24), were not disclosed.

Coatings Maker

Based in Clarkston, GA, Synta manufactures and packages specialty architectural coatings, craft paints and industrial coatings. The company’s Deck Restore and Concrete Restore brand products are widely available at nationwide home improvement retailers and other home centers.

Additionally, Synta offers a line of arts and craft coatings under the Anita’s brand and recently introduced a line of specialty coatings under the MyColor by Pantone brand. All manufacturing, packaging and distribution operations are located in Clarkston, GA.

The company’s annual sales are anticipated to exceed $40 million in the first year, according to RPM.

‘Further Rapid Growth Ahead’

“Building on a strong product performance foundation, Synta has opportunities for further rapid growth ahead as it benefits from Rust-Oleum’s extensive marketing and distribution capabilities,” said Frank C. Sullivan, chairman and CEO of the parent company of DAP, Zinsser, Varathane and other well-known brands of coatings, sealants, and building materials.

Synta will continue to be led by its current CEO, Randy Moore. The company will operate as a stand-alone business within Rust-Oleum’s Consumer Business Group.

“Tom Curtis, Synta founder, will continue in a consulting capacity,” Sullivan added.

Curtis purchased Camco Paints Inc. and changed the name to Synta in 1993. Camco Paints Inc. was established in 1962.

Acquisitions Flurry

The Synta deal is the latest in a recent series of acquisitions by RPM.

Recent moves include the acquisition of Viapol Ltda. (Cacapava, Brazil); HiChem Paint Technologies Pty. Ltd. (Hallam, Austrailia), Legend Brands (Burlington, Wash.); Grupo P&V  (Barcelona, Spain); and FEMA Farben + Putze GmbH (Ettlington, Germany).
 
RPM International Inc. owns subsidiaries in the specialty coatings, sealants, building materials, and related markets. Brands include Stohnard, Tremco, Illbruck, Carboline, Flowcrete, Zinsser, Rust-Oleum, DAP, and Varathane.

The company will report its 2013 first-quarter earnings and results Oct. 3.

   

Tagged categories: Architectural coatings; Construction; Deck coatings; Epoxy; Mergers; Retail; RPM; Rust-Oleum Corp.; Stains

Comment Join the Conversation:

Sign in to our community to add your comments.

Arroworthy
ArroWorthy's Handcrafted Professional Brushes

One Dip of paint with our handcrafted semi-oval Rembrandt brush, you'll see why ArroWorthy makes a professional brush of unrivaled quality and performance.


HydeTools, Inc.
Best Spray System on the Market

For a limited time only, get 50% off the HYDE® RVT® Spray System – pole, gun and lightweight spray head! • Saves time • Extends your reach • Less cleanup!


Duro-Last Roofing, Inc.
The Proven Performer!

Custom-fabricated, single-ply commercial roofing system. Watertight, highly reflective, resistant to chemicals, fire and high winds. Virtually maintenance-free!


Westcoat
Bringing New Colors To Concrete Surfaces

Liven up your concrete surfaces with Westcoat's newest color choices. Introducing a myriad of Fast Stain, Liquid Dazzle, and Texture-Crete Interior colors.


Coatings For Industry, Inc.
For Tough Environments,
The Toughest Protection

A workplace exposed to vehicle traffic, fuel, and other harsh chemicals needs a floor coating that stands up to daily abuse. Wearcoat 100 high-build polyurethane provides superior protection.


Durability + Design (D+D)
Be There!
May 20-22

Network with the emerging technical community of specifiers, architects, contractors, and facility owners at the first Building Performance Conference.


Zip Wall, LLC
ZipRail™ Dual-Seal makes floors & ceilings dust tight

Create a dust-tight seal at the floor and ceiling in seconds- without tape or ladders. The new ZipRail™ Dual Seal pushes the plastic sheeting tight to the ceiling and the floor at the same time.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE D+D:      Interact   |   Blogs   |   Resources   |   Buying Guides   |   Webinars   |   White Papers   |   Classifieds
GET D+D:      Subscribe   |   Advertising Media Kit
KNOW D+D:      About D+D   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2010-2014, Technology Publishing, Co., All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com