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.

Carboline Company
Hyrdrocarbon Fire & Jet Fire Protection

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


CS Unitec
Surface Prep & Material Removal

CS Unitec’s Floor Planers remove coatings & corrosion from concrete & metal surfaces. Produce keyed profiles for waterproofing applications. info@csunitec.com


Van Air Systems
Moisture problems in your air lines?

Van Air Systems' Blast Pak is a portable compressed air drying system that reduces downtime in all blasting and coating applications.


Novatek Corporation
Dustless Coatings Removal

Strip it, clean it, and profile it,
all dust free! High production
rates and Blast like finishes.
Comply with new lead
standards.


MMLJ
Superfast Dustless Abrasive Blasting - Watch Video

Dustless Blasting creates no dust plume so others can work nearby unaffected. Maximize Productivity! Watch our numerous YouTube videos to learn more.


Graco Inc.
Eco-friendly surface prep blasting equipment

EcoQuip blast equipment adds a fine water mist during the spraying process for less dust. Less media consumption. Less cleanup. Easy to use. Call 877.326.7847


N.T. Ruddock Co.

Our Abrasives Hold Up Under Pressure

N. T. Ruddock focuses on abrasive selection, equipment evaluation, equipment maintenance & reduction of abrasive consumption. Other services include Screen Analysis & Background Radiation Testing.

 
 
 
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