Rudd Company, Inc., an independently-owned wood coatings manufacturer based in Seattle, Washington, has entered into an agreement to sell substantially all of its assets, including the Rudd^® Wood Finishes and Glitsa^® Floor Finishes brands, to Gemini Coatings, an Oklahoma-based and 100% employee-owned wood coatings manufacturing company. Grace Matthews, Inc. served as financial advisor to Rudd on the transaction.

Founded in 1912, Rudd is a long-standing manufacturer and supplier of premium wood coatings, stains, and finishes. Rudd’s products, marketed under the Rudd® Wood Finishes and Glitsa® Floor Finishes brands and trusted by wood finishers, distributors, and consumers, are used in cabinetry, millwork, wood flooring, and other interior applications. 

“Rudd has built trusted brands and a robust product line,” said Chris Hicks, President/CEO of Gemini Coatings. “Their reputation for innovation, reliability, and customer service is a perfect fit with our own values and mission and we look forward to the opportunity to expand our range of solutions for our customers.”

“I am incredibly proud of the reputation Rudd maintained over its 100+ year history as an organization focused on the customer. We’ve always understood that whatever we send out the door ultimately becomes an integral part of someone else’s product or service offering,” commented Laurel Jamison, CEO and owner of Rudd. “As a firm believer in the important role independents fulfill in our industry, I’m excited that the Rudd® and Glitsa® brands will continue as a part of Gemini and their current family of brands. I’m confident the combination of products coupled with access to additional technologies and services will add value to new and existing customers for many years to come.”