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Business Description
Imperial Industries, Inc.. The Group's principal activity is to manufacture and distribute building materials to dealers and others. The Group also involves in the manufacturing and selling of exterior, interior finishing wall coatings and mortar products for the construction industry. The products are marketed to developers, general contractors and subcontractors in the construction or renovation of residential, multi-family and commercial buildings and swimming pools. The Group sells products in Florida, Mississippi, Georgia and Alabama and to a lesser extent, other states in the Southeastern part of the United States as well as foreign countries. The Group manufactures products through its wholly owned subsidiaries, Premix-Marbletite Manufacturing Company and Acrocrete Inc. The Group distributes products through its wholly-owned subsidiary Just-Rite Supply Inc. The manufacturing facilities primarily produce and distribute stucco, roof tile mortar and plaster products.

Degussa Wall Systems Acquires Acrocrete

(Jacksonville, FL) July 26, 2005 – Degussa Wall Systems, the leading supplier of EIFS and Stucco facades in North America, is today announcing that it has acquired Acrocrete, a manufacturer of EIFS, Stucco and Coatings. Founded in 1988 Acrocrete has served the Southeastern United States focusing primarily in the commercial and multi-family market segments.
“The Acrocrete acquisition compliments the overall strategy of the Degussa Wall Systems business”, states Bill Kasik, President and CEO of Degussa Wall Systems. “It provides new distribution with upside organic growth by offering entry into certain markets and segments we are not currently servicing to full capacity.”
This acquisition, the third of its nature by Degussa Wall Systems, allows the company to continue to strengthen its leading market position through organic growth, acquisitions and the development of new products and markets.
Degussa Wall Systems, comprised of the Senergy, Finestone and SonoWall brands, is a leading manufacturer of EIFS, stucco, specialty finishes and architectural coatings. It is part of Degussa Construction Chemicals, the world’s largest construction chemicals group. Degussa Wall Systems headquarters are located in Jacksonville, FL. For more information, visit www.degussawallsystems.com....
http://www.acrocrete.basf.com/Acrocrete/...

http://www.acrocrete.basf.com/Acrocrete/...