SPARTANBURG, S.C. — The Merit Distribution Group will acquire Dynamic Paint Products, a 40-year-old family-owned distributor and manufacturer of paint-related products based in Toronto. Merit is the corporation that includes Lancaster, a full-line paint sundries distributor. It currently operates in the U.S., Mexico, Caribbean Islands, Central America, and South America.
Terms of the deal were not disclosed.
Dynamic, which was known for years as Mumby and Associates, has grown into a national manufacturer and distributor of paint products and accessories. It has also expanded its sales internationally. The acquisition gives Merit a foothold in Canada. Dynamic will operate as a wholly owned subsidiary of Merit and president James Mumby will continue to oversee Dynamic’s Canadian and international business.
