Laticrete expands restoration and decorative product lines with acquisitions of HP Spartacote
BETHANY, CT -- Laticrete International, Inc., a manufacturer of globally proven construction solutions for the building industry, has announced the acquisition of HP Spartacote. The acquisition will provide Laticrete's customers access to new products and technologies while expanding the company's presence in the restoration, decorative flooring and coatings category. Headquartered in Golden, CO, HP Spartacote produces a premium line of resinous floor coatings. The acquisition was completed in July, while integration of manufacturing, sales and service functions will occur over the next 12 months.
"This combination strengthens the Laticrete and HP Spartacote brands alike," said David A. Rothberg, chairman and CEO of Laticrete. "Through this acquisition, the HP Spartacote brand portfolio will gain access to Laticrete manufacturing capabilities, sales representation, and marketing and support services. Laticrete customers, in turn, will enjoy access to some of the most innovative decorative and restoration products on the market."