FRIDAY, SEPTEMBER 4, 2020
Global coatings company RPM International Inc. announced earlier this week that its Rust-Oleum business has acquired Ali Industries, LLC, a manufacturer of abrasives.
Headquartered in Fairborn, Ohio, Ali Industries has annual net sales of approximately $75 million. Terms of the transaction were not disclosed.
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Ali Industries is commercially known as Gator Finishing Products and offers finishing products for power sanding, hand sanding, cutting and grinding, and floor sanding. Its products are used on many surfaces including wood, metal and paint. The company’s abrasive products are manufactured in the U.S. and distributed across North America.
According to RPM, Ali Industries will be a free-standing unit under RPM’s Rust-Oleum business. The Ali brothers—Terry, Chris and Philip—will continue leading the business as part of Rust-Oleum.
“Ali Industries is an excellent synergistic fit within our Consumer Group because it broadens the segment’s surface preparation capabilities by adding abrasives to our lineup of patch, repair and cleaning products,” said Frank C. Sullivan, RPM chairman and CEO.
“Through this transaction, we plan to enhance Ali’s distribution base and enable the business to penetrate new markets. This acquisition presents significant opportunities to build even stronger relationships with key retailers and further deliver on customer needs.”
Tagged categories: Abrasives; Acquisitions; Business matters; Good Technical Practice; Mergers; RPM; Rust-Oleum Corp.
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