PaintSquare.com


The First Word in Protective & Marine Coatings

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

Register Now for D+D 2014

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.

Rapid Prep, LLC
Nation Wide Equipment Rentals

Rapid Prep, LLC is a full service provider of sandblasting & all other surface preparation equipment, with 60 years of experience within the industrial painting industry.


International Paint LLC
A Long Track Record of Success

  • Polyurethanes
  • Linings
  • Epoxies
  • Zincs
The Power to Protect™
1-800-589-1267


KTA-Tator, Inc. - Corporate Office
KTA Analyzes
Coating Failures

• Field Diagnosis
• Lab Diagnosis
• Determination of Cause
• Recommendations
www.kta.com
800-245-6379


Bullard

The Next Generation
of Blasting

• Lightest
• Coolest
• Most Comfortable
• Most Dependable


Mitsubishi Gas Chemical America
Performance Amine 1,3-BAC

A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.


Spider, a Division of SafeWorks, LLC
Complete Suspended Access Solutions

Need Access? From platforms & hoists to rigging & fall protection, Spider leads the industry in rentals, sales & service.
Call today: 877-774-3370


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

 
 
 
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