Carboline Co., a wholly owned subsidiary of RPM International Inc. and a manufacturer of high performance coatings, lining systems and fireproofing, has acquired the Marine and Industrial Assets of Finnaren & Haley, headquartered in Conshohocken, PA, a national supplier of marine, industrial and architectural products. Terms were not disclosed.
Finnaren & Haley’s marine and industrial coatings are sold throughout the U.S. and internationally, and consist of new construction and maintenance coatings that are specified, sold and applied to U.S. government vessels, tug boats, barges, work boats and other shipyard customers/owners. Finnaren & Haley marine coatings are also included as specifications for Army new construction, maintenance and for the Army Corps of Engineers.
“We are excited about the opportunity the Finnaren & Haley product line offers us. Carboline now has the products and specifications to be a leading supplier of specialty marine products. This acquisition supports our long-term strategy of maintaining our leadership position in the industrial and marine coatings markets in North America and internationally,” said Richard M. Wilson, president of Carboline Co.
For more information, call 216.902.3800 or visitwww.carboline.com.