PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


RPM’s Stonhard Buys Australian Distributor

Wednesday, September 23, 2009

Comment | More

RPM International Inc., a worldwide holding company, announced today that its Stonhard subsidiary has acquired Australian-based Ascoat Contracting Pty Ltd and Ascoat Pty Ltd, a supplier and installer of polymer flooring systems.

Part of RPM’s Performance Coatings Group, Stonhard serves the industrial market. Ascoat primarily serves industrial markets, with a focus on food processing, pharmaceutical, and general manufacturing. Its capabilities include turnkey contracting, floor care services, consultation, specification, installation, and warranties.

Headquartered in Melbourne, Victoria, Australia, and with annual sales of approximately $5 million, Ascoat has been Stonhard’s exclusive Australian distributor since 1996. Founded in 1988, Ascoat will continue to be led by its existing owners, John Black and Terry Callaghan, according to RPM.

“We see this acquisition as a near-term opportunity to broaden the base of our Stonhard business throughout Australia, given Ascoat’s strong base in Victoria,” said Frank C. Sullivan, RPM chairman and chief executive officer.

RPM (Medina, OH) owns subsidiaries that focus on specialty coatings, sealants, building materials, and related services for the industrial and consumer markets.

For more information, go to www.rpminc.com.

   

Tagged categories: Acquisitions; Ascoat; Mergers; RPM; Stonhard

Comment from Joe Lyons, (9/24/2009, 10:54 AM)

We did 4 million with mfg and appx $1million in sales with our 4 new stores this year. We are talking to a couple of companies who want to merge and we then would have 8-10 million in rev. with a 200+ chain talking to us about using our talents and companys to help take the world of concrete for them to next level. We already have two Billion dollar + companys kicking our tires. RPM would work because they are a holding co. We simply need $$ to grow and expand business. Thanks Joe Lyons 903 445 9441


Comment Join the Conversation:

Sign in to our community to add your comments.

Hempel (USA) Inc.
HEMPEL PROTECTIVE COATINGS

Efficient systems and high quality products to reduce your maintenance costs. Visit Hempel Protective for more information.


Abrasives Inc.
Need abrasives FAST?

Emergencies happen – who bails you out? One call to Abrasives Inc. and it's taken care of. Period. Sales support available 24/7.
800-584-7524


Carboline Company
Hyrdrocarbon Fire & Jet Fire Protection

Pyroclad X1 is the latest breakthrough in epoxy based intumescent fireproofing technology


CESCO
USED EQUIPMENT SPECIALS

Jet Edge water blast cabinet 1995 Model 36-100, excellent condition
Sponge Jet 240L feed unit with a recycler unit
Hotsy Trailblazer
Schmidt pot, 6 ton with 4 outlets, TVII valves, 12V line with controls, Halo safety loading feature, 4 factory welded post for jumbo sack rack
Contact us: 888-772-3726
BlastandPaint.com


Mohawk Garnet
Mohawk Garnet™ – North American Hard Rock

Rough around the edges – which is what you want in your abrasive. More information at 1.866.642.7638 or info@mohawkgarnet.com


DeHumidification Technologies
HUMIDITY PROBLEMS?

DH Tech has the most innovative and reliable equipment available to
control humidity efficiently
and effectively.
IT'S UNDER CONTROL!


Surface Prep Supply
Surface Prep Supply

Blast It! Coat It! We have you covered every step of the way. Supplier of:
• Abrasives
• Equipment
• Accessories
• Protective Coatings
888-331-7737(PREP)

 
 
 
Technology Publishing

The Technology Publishing Network

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

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, 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