FOR IMMEDIATE RELEASE

08.01.18

Carboline has announced the acquisition of the Strathmore and American Coatings product lines. Strathmore is a manufacturer of high-performance coatings with a heavy focus on the rail industry. The American Coatings brand, which was acquired by Strathmore in 2014, has provided quality interior and exterior coatings to industrial manufacturers, contractors, tank builders, floor coating applicators and equipment owners for over 30 years.

Strathmore was founded in 1942 and provides coatings solutions to customers in rail, oil and gas, marine, and other industrial markets. The Strathmore brand and product portfolio will be a great complement to Carboline’s extensive portfolio of high-performance coatings, linings, and fireproofing products. The acquisition will allow Carboline to provide customers with a more diverse range of products and technologies.

Strathmore will remain a stand-alone brand within Carboline. Customers can expect to benefit from the increased number of distribution points, large direct sales team, worldwide manufacturing capabilities, and state-of-the-art research and development facilities that Carboline has to offer.

“We are thrilled to add these well-respected brands to our portfolio. It is a great strategic fit for Carboline and we look forward to leveraging the synergies between our brands to better serve our customers’ needs,” said Chris Tiernay, President of Carboline.

About Carboline

Carboline is a St. Louis-based coatings manufacturer with a global reach. The company, founded in 1947, produces high quality performance coatings, linings and fireproofing products in more than 20 manufacturing facilities around the world. Carboline's cutting-edge research and development center is a reflection of their commitment to remaining at the forefront of the protective coatings industry. For more information visit www.carboline.com.

Media Contact

Jane Woodall, 314-644-1000 x 2340, jwoodall@carboline.com