|
Acquisitions serve as one of
our key growth strategies,
at home and abroad.
We seek three types of opportunities:
companies with strong management
teams and leading brands in our
industry, bolt-on product lines that
can be assimilated into RPM’s existing
operations and strategic platforms
significant in size and geographic reach.
In fiscal 2007, RPM acquired five
businesses: The Dane Group, Nu-Chem,
Permaquik, The Watco Group and
Tor Coatings. RPM also acquired 14.99%
of the outstanding shares of Kemrock
Industries. All are now under the RPM umbrella
and generate approximately $120 million in
annual sales. Each company strengthens our global
position for continued growth.
|
