Cleaning & Restoration Breaking News

Ronile completes Colormarks deal, buying competitor assets

Ronile Inc., a leading supplier of space-dyed yarns to the commercial carpet industry, completed the acquisition of certain assets from its competitor, South Carolina-based Colormarks.

ROCKY MOUNT, Va. -- Ronile Inc. (, a leading supplier of space-dyed yarns to the commercial carpet industry, completed the acquisition of certain assets from South Carolina-based Colormarks. Terms of the transaction have not been disclosed.

Colormarks competed directly against Ronile in the business of manufacturing and selling space-dyed yarn to the commercial carpet industry. Prior to the acquisition, Colormarks operated a production facility in Williston, S.C., and generated annual sales of more than $10 million. Ronile did not purchase the Williston facility. Instead, it is moving the purchased assets, including factory equipment, to its Rocky Mount, Va. plant. Ronile plans to integrate the Colormarks business into Ronile's existing operations.

Ronile CEO Phillip C. Essig, said, "We are pleased that we were able to take advantage of this opportunity in today's economy. We are strong financially and believe that the current environment may provide additional opportunities. Colormarks has been a strong competitor for over a decade and has maintained a significant market share during that time. We expect business to increase significantly at our Rocky Mount plant over the next several months. As the economy rebounds and we fully consolidate the new business opportunities, we expect our business to be stronger than anticipated in 2002."

Ronile, an employee-owned company, is the world's leading supplier of space-dyed yarns to the commercial carpet and other industries. Headquartered in Rocky Mount, Va., Ronile has a production plant in Lafayette, Ga. and its national sales office in Chattanooga, Tenn. Ronile also owns Bacova Guild, Ltd., a marketing leader in printed floor mats and accent rugs. For more information, contact Sylvia Bussey at (540) 484-4647.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.



Image Galleries

The 2014 Experience Conference and Exhibition

A look in photos at the 2014 Experience Conference and Exhibition, which was held from April 24-26 at the Embassy Suites Convention Center and Spa in Frisco, Texas.


Beginning April 21, Google will start judging websites based on their mobile friendliness. What exactly does this mean to you cleaning website? Find out in the latest edition of The Hitman Advertising Show, which will also cover tips and suggestions on getting mobile compliant.
More Podcasts

ICS Cleaning Specialist Magazine


2015 April

The April ICS issue features content on concrete polishing, green cleaning, air duct cleaning, injection sprayers and new products.

Table Of Contents Subscribe

Janitorial Work

In addition to residential and commercial carpet cleaning, do you do any janitorial work on the side?
View Results Poll Archive


The Carpet Cleaner's Book of Unlimited Success! (ebook)

Don’t worry about the recession or about your competition.  Now you can be the owner of over 400 ways for carpet cleaning professionals to make more money and get more jobs!

More Products


Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view


facebook_40.png twitter_40px.png youtube_40px.png


Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view