M&A
confidence high
sentiment positive
materiality 0.65
RPM acquires The Pink Stuff parent Star Brands for Rust-Oleum; £150M sales in 2024
RPM INTERNATIONAL INC/DE/
- Definitive agreement signed to acquire Star Brands Group, UK-based parent of The Pink Stuff, for Rust-Oleum subsidiary.
- The Pink Stuff generated calendar 2024 net sales of approximately £150 million; transaction terms not disclosed.
- Expected close late Q4 FY2025 or early Q1 FY2026, subject to customary closing conditions.
- Management including Co-Managing Directors Henrik Pade and Tim North expected to stay to ensure continuity.
- RPM will leverage MAP 2025 program and Consumer Group expertise to accelerate global growth of the brand.