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M&A Deal Summary

Rust-Oleum Acquires Spraymate Group

On March 16, 2015, Rust-Oleum acquired chemicals company Spraymate Group

Acquisition Highlights
  • This is Rust-Oleum’s 6th transaction in the Chemicals sector.
  • This is Rust-Oleum’s 1st transaction in South Africa.

M&A Deal Summary
Date 2015-03-16
Target Spraymate Group
Sector Chemicals
Buyer(s) Rust-Oleum
Deal Type Add-on Acquisition

Target

Spraymate Group

Randvaal, South Africa
Spraymate Group is a spray paint company. Spraymate is home to the creation of quick drying, eco-friendly spray paint, together with other complementary products such as acrylics, enamel artist paint, paint remover and industrial lubricants.

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Buyer(S) 1

Buyer

Rust-Oleum

Vernon Hills, Illinois, United States
Category Company
Founded 1921
Sector Manufacturing
DESCRIPTION

Rust-Oleum Corp. manufacture protective paints and coatings for both home and industry.

DEAL STATS #
Overall 7 of 7
Sector: Chemicals M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 7
Country: South Africa M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-07 Krud Kutter

Cumming, Georgia, United States

Krud Kutter produces and supplies cleaning products.

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