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Rust-Oleum Acquires Safety Manufacturer

Wednesday, December 16, 2009

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RPM International, Inc. (Medina, OH) announced that its subsidiary, Rust-Oleum Corporation, has acquired FibreGrid Limited, a supplier of fiberglass anti-slip safety products based in the UK. The terms of the transaction were not disclosed.

FibreGrid has annual sales of approximately $3.5 million, according to RPM. It manufactures innovative glass-reinforced plastic safety products for anti-slip applications.

According to Frank C. Sullivan, RPM chairman and CEO, FibreGrid will become a business unit of Watco UK Limited, which has been selling FibreGrid products for several years and is part of Rust-Oleum.

   

Tagged categories: Acquisitions; Mergers; Non-slip coatings; RPM

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