Synta has about 50 employees and annual sales that are expected to exceed $40 million in the first year of RPM's ownership.
RPM's newest acquisition makes Restore Deck products.
MEDINA, Ohio - Specialty coatings maker RPM International Inc. has acquired Synta Inc., a Georgia manufacturer of products that extend the life of wood decks and concrete surfaces.
Terms of the deal, which is expected to add to the Medina company's earnings within a year, were not disclosed.
RPM, the global producer of coatings, sealants and building materials for consumers and industrial customers, has been on something of a buying spree, buying nine major companies since August 2011.
RPM's Rust-Oleum Group bought Synta and will operate it as a stand-alone business.
Synta, based in Clarkson, Ga., has about 50 full-time employees and annual sales that are expected to exceed $40 million in the first year of RPM's ownership.
Its Deck Restore and Concrete Restore products are designed to extend the life of weathered outdoor wooden decks and concrete surfaces "well beyond the performance of conventional stains, paints and sealers," RPM said in a written statement. The products are sold at home centers and home improvement retailers nationwide.
Synta also makes Anita's Acrylic Craft Paints and MyColor Inspired by Pantone Grab-N-Go Paints for home improvement and decorating projects.
RPM Chairman and Chief Executive Frank C. Sullivan said in a statement that Synta's Chief Executive Randy Moore will continue to head the company and Synta founder Tom Curtis will remain as a company consultant.
RPM's other recent acquisitions include:
API S.p.A., a $28 million Italian producer and installer of polyurethane and urethane-based floors and decks solutions for cruise ships, mega-yachts and naval ships, on Aug. 3, 2011.
Legend Brands, a $70 million Burlington, Wash., company that specializes in industrial cleaning products and fire, smoke and water restoration, on Sept. 22, 2011.
Grupo P&V, a $23 million Spanish company that makes and installs materials used for fire protection, soundproofing and hot and cold insulation, on Oct. 5.
FEMA Farben + Putze GmbH, a $40 million German manufacturer of insulating and finishing systems for the French and German construction markets, on Dec. 1.
HiChem Paint Technologies Pty. Ltd., a $23 million Australian maker of automotive aftermarket coatings, on April 4.
Viapol Ltda., an $85 million Brazilian manufacturer of building materials and construction products, on June 19.
Kirker Enterprises Inc., a $100 million Paterson, N.J., manufacturer of nail care enamels, coatings components and other personal-care products, on Sept. 5.
RPM will report its first-quarter earnings on Wednesday, Oct. 3.