RPM International Acquires Ready Seal, Boosts Rust-Oleum Business
Key Takeaways RPM acquired Ready Seal to strengthen Rust-Oleum's presence in premium exterior wood stains. The deal boosts the product reach of Rust-Oleum using its sales force and distribution network. Product launches and strategic buyouts signal long-term growth focus by RPM despite recent stock pressure.RPM International Inc. (RPM) further enhances its Rust-Oleum business by acquiring Ready Seal Inc., a Texas-based manufacturer of premium exterior wood stains.Sitting under the Consumer Group segment, ...