RPM International Acquires Synta
RPM International Inc. recently announced that its Rust-Oleum Group has acquired Synta Inc., a producer and marketer of exterior wood deck and concrete restoration systems. Based in Clarkston, GA, Synta’s annual sales are anticipated to exceed $40 million in the first year.
“Building on a strong product performance foundation, Synta has opportunities for further rapid growth ahead as it benefits from Rust-Oleum’s extensive marketing and distribution capabilities,” said Frank C. Sullivan, chairman and CEO of RPM. “Randy Moore, Synta CEO, will continue to lead the organization, which will operate as a stand-alone business within Rust-Oleum’s Consumer Business Group, and Tom Curtis, Synta founder, will continue in a consulting capacity.”