06.01.15
Rhino Linings Corporation, a manufacturer of protective coatings and linings, has acquired Arnthane Incorporated. Arnthane, based in Richmond, Missouri, manufactures spray foam, polyurea, epoxy and urethane coatings. Much like Rhino Linings has done in the protective coatings and linings industry, Arnthane has established itself as one of the leaders in the spray foam industry by developing quality products and solutions for original equipment manufacturers and spray foam contractors, the company noted.
This acquisition provides Rhino Linings an immediate opportunity to incorporate the Arnthane line of foam products into its existing spray foam product offerings, allowing Rhino Linings to be much more competitive in the insulation and sealant market. There is significant upside for Rhino Linings beyond foam products that will allow the company to expand its reach further into the industrial and commercial building products world, a goal the company has been driving towards since it first established itself in this market in 2011. Both Rhino Linings and existing Arnthane customers will now be able to purchase from an expanded product list.
Arnthane employees will join Rhino Linings and continue research, development and manufacturing from their Richmond, MO facility. Additional terms of the acquisition were not released.
This acquisition provides Rhino Linings an immediate opportunity to incorporate the Arnthane line of foam products into its existing spray foam product offerings, allowing Rhino Linings to be much more competitive in the insulation and sealant market. There is significant upside for Rhino Linings beyond foam products that will allow the company to expand its reach further into the industrial and commercial building products world, a goal the company has been driving towards since it first established itself in this market in 2011. Both Rhino Linings and existing Arnthane customers will now be able to purchase from an expanded product list.
Arnthane employees will join Rhino Linings and continue research, development and manufacturing from their Richmond, MO facility. Additional terms of the acquisition were not released.