APN Performance Coatings has acquired Res-Tek, Inc., enhancing its portfolio of resinous flooring solutions and creating significant growth opportunities.

Information on the Target

APN Performance Coatings is proud to announce its acquisition of Res-Tek, Inc., a prominent manufacturer of resinous flooring solutions specifically designed for the commercial and industrial coatings industry. This acquisition aims to create synergistic value for its customers, associates, and investors, while enhancing both companies' operational strengths.

Kurt M. Hardy, CEO of APN, emphasized the potential of this collaboration, stating, "This is an incredible opportunity to blend two strong companies that complement each other in a way that will create lasting value." Steve Lasko, CEO and Founder of Res-Tek, echoed this sentiment, indicating that joining APN will allow Res-Tek to maintain its contractor-focused ethos while opening new avenues for innovation and growth.

Industry Overview

The resinous flooring solutions market in the United States has been witnessing significant growth due to increasing demand for durable and versatile flooring solution