RPM International Inc.’s Rust-Oleum Corp. subsidiary has acquired Seal-Krete, a major U.S. manufacturer of concrete coatings and sealants with annual sales of approximately $10 million.
Terms were not disclosed.
RPM International acquires concrete products maker Seal-Krete
Seal-Krete, formerly a division of Clayton Valve, manufactures a line of priming, painting, sealing and finishing products for maintenance and decoration of concrete, masonry, brick, and pavers. The company’s products are sold primarily through home-improvement centers and independent hardware and paint stores.
The company’s best-known 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,” said RPM International Chairman and CEO Frank C. Sullivan. “Complementing our existing EpoxyShield and RockSolid lines, Seal-Krete will allow us to offer a complete one-stop-shop for concrete care.”
“We expect to grow Seal-Krete by leveraging its products across the Rust-Oleum distribution network,” Sullivan said.
RPM International Inc., Medina, Ohio, owns subsidiaries in specialty coatings, sealants, building materials, and related services, with industrial-market products from Stonhard, Tremco, Illbruck, Carboline, Flowcrete, and Euclid Chemical. The company’s specialty segment companies include Day-Glo, Dryvit, RPM Wood Finishes, Mantrose-Heeuser, Legend Brands, Kop-Coat, TCI, and RPM Belgium.
