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Article: RPM's Stonhard Subsidiary Acquires Australian Distributor.
- Article from:
- PR Newswire
- Article date:
- September 23, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ascoat acquisition to strengthen position in Australia and provide springboard for further Asian market penetration
MEDINA, Ohio, Sept. 23 /PRNewswire-FirstCall/ -- RPM International Inc. , a worldwide specialty coatings and building materials and services holding company, today announced that its Stonhard subsidiary, part of RPM's Performance Coatings Group, has acquired Ascoat Contracting Pty Ltd and Ascoat Pty Ltd, a supplier and installer of polymer flooring systems. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
Based in Melbourne, Victoria, Australia, and with annual sales of ...