RPM Buys Miracle Sealants Co.
MEDINA, OH – RPM International Inc. announced that its Rust-Oleum Group has acquired Miracle Sealants Co., a manufacturer of sealers, cleaners, polishes and related products primarily for tile and natural stone. Based in Arcadia, California, Miracle Sealants has annual net sales of approximately $25 million. Terms of the transaction were not disclosed.
Miracle Sealants provides a broad range of professional-grade care and installation products for natural stone, ceramic and porcelain tile, grout, brick, and other masonry surfaces. A leading brand with professional installers for over 30 years, the company has broad national distribution in tile shops across the United States, as well as big-box retailers such as Home Depot, Lowes and Menards. Among the company’s leading products is 511 Impregnator, the industry standard in hard-surface floor sealers.
“Miracle Sealants is an excellent strategic fit that adds another platform within Rust-Oleum’s hard-surface care product portfolio,” said Frank C. Sullivan, Chairman and CEO of RPM. “Leveraging the Rust-Oleum global distribution, sales and marketing network will drive sales growth.”