Miracle Sealants Company has been acquired by Rust-Oleum Corporation
The owners of Miracle Sealants Company (Miracle) have sold the company to Rust-Oleum Corporation, a subsidiary of RPM International, Inc. Financial details have not been disclosed.
Miracle, headquartered in Arcadia, California, and founded in 1983, manufactures and markets professional grade installations and care products for tile, grout, natural stone, brick and masonry surfaces, including the 5.11 impregnator, the number 1 product in its category. Miracle’s products are sold through 1,100 distributors, retail stores, tile dealers and DIY retailers in 4,800 locations. Key accounts include big box retailers like Home Depot, Lowes, Menards and other dealers and distributors.
Rust-Oleum Corporation manufactures premium consumer and industrial paint and coating products. Its products include industrial coatings, decorative fashion paints, epoxy garage floor coatings, primers and wood finishes. The company was founded in 1921 and is based in Vernon Hills, Illinois. It has additional offices in Asia, Australia, New Zealand, Caribbean, Central and South America, Europe, the Middle East, India, and Africa. As of June 1994, Rust-Oleum Corporation operates as a subsidiary of RPM International Inc.
Oaklins' team in Los Angeles initiated this transaction, assisted in the negotiations and served as financial advisor to Miracle Sealants.
Talk to the deal team
Gary Rabishaw
Oaklins Intrepid
Eduard Bagdasarian
Oaklins Intrepid
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