Rhino Linings Buys Spray Foam Maker
SAN DIEGO—Rhino Linings Corp. has acquired a Missouri-based spray foam insulation manufacturer, broadening its reach into the building products market.
Arnthane Inc., based in Richmond, MO, is a full-service chemical manufacturer, providing spray foam, polyurea, epoxy and urethane coatings to a variety of industries.
Rhino Linings, a protective coatings and linings industry leader, says it will incorporate the Arnthane line of foam products into its existing spray foam portfolio, according to an announcement made Tuesday (May 19).
Acquiring the manufacturer allows Rhino Linings to expand its reach further into the industrial and commercial building products market, a company goal since 2011.
"Arnthane's impressive product offerings, coupled with Rhino Linings excellent marketing capability and extensive distribution channels will make Rhino Linings an even greater force in the spray foam and coatings marketplace,” said Pierre Gagnon, the president and CEO of Rhino Linings.
Rhino's five business units include Rhino Industrial, which makes spray-on elastomeric coatings for containment, roofs, wastewater plants and other applications.
Gagnon noted that both Rhino Linings and existing Arnthane customers will now be able to purchase from an expanded product list.
Further, Arnthane’s employees will join Rhino Linings while continuing to research, develop and manufacture products from their Richmond facility.
Founded in 1988, Rhino Linings has five divisions, Vehicle Protection, Industrial, Epoxy, Flooring and Military. The company is based in San Diego.
Terms of the acquisition were not released.