RPM Acquires Ready Seal Inc.
Ready Seal is a Texas-based manufacturer of premium exterior wood stains, known for its Rust-Oleum business in the Consumer Group. Ready Seal’s high performance and user-friendly “Goof-Proof™” stain-and-sealer-in-one can be applied in hot or cold conditions, does not show lap marks, and does not require back brushing, reports the company. Ready Seal generated calendar year 2024 sales of approximately $45 million. Terms of the transaction were not disclosed.
This strategic acquisition strengthens Rust-Oleum’s portfolio of exterior wood care products, a segment that continues to gain traction among professional contractors and DIY enthusiasts. Additionally, Rust-Oleum is positioned to leverage its sales force and distribution channels to accelerate sales of Ready Seal’s products.
“We welcome Ready Seal’s employees and easy to use ‘Goof-Proof’ products to RPM,” said Frank C. Sullivan, CEO of RPM. “This acquisition strengthens our offerings in the attractive exterior wood care category and Rust-Oleum is well-positioned to leverage its competitive strengths to accelerate Ready Seal’s growth.”
Source: RPM International