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Gemini Buys Deck Coating Maker

Tuesday, January 20, 2015

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Gemini Coatings Inc. has purchased a global protective coatings company to boost its exterior wood coatings portfolio.

Gemini announced the acquisition of Gulf Synthetics on Jan. 7.

Founded in 2008, Gulf Synthetics, of Cumming, GA, manufactures protective coatings for decks, docks, concrete and marine piles, according to its website. It also makes a paint additive designed to extend the service life of paint applications.

Gulf Synthetics
Gulf Synthetics

Gulf Synthetics' brands include Deck Revive, an acrylic-based polymer deck coating used to resurface old decks, docks and other treated lumber.

Terms of the transaction were not disclosed.

The deal consists of the technology and brand names of the following products: Deck Revive, Concrete Revive, Dock Revive, Perma Fill and Perma Bond, according to Gemini.

Gulf serves clients in the U.S., Europe, South America, Australia, Asia and the Caribbean.

About Gemini

A division of Gemini Industries Inc., Gemini Coatings Inc. is an employee-owned coatings and wood finishing product manufacturer headquartered in El Reno, OK.

Founded in 1964, Gemini offers its products through corporate paint store chains, paint sundry distributors, buying groups and independent dealers.

The company also has locations in Dallas; Harrisonburg, VA; and Sparks, NV.

   

Tagged categories: Acquisitions; Business matters; Deck coatings; Marine Coatings; Wood coatings

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