RPM International Inc. (NYSE:RPM) today announced the acquisition of Ready Seal Inc. (Ready Seal), a Texas-based manufacturer of premium exterior wood stains, 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. 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.