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RPM’s rigorous acquisition criteria ensure the addition
of superior businesses and product lines to our balanced portfolio of leading brands. By leveraging the resources
of these businesses across the RPM family – through
synergy and cooperation, and by sharing assets, insights and ideas – we are able to bring both immediate cost
benefits and unique market expansion opportunities
to our companies.
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Examples range from Carboline and Tremco’s collaboration on the Nelson Mandela Bridge in South Africa to Fibergrate
and Dryvit’s aesthetically pleasing solution to cell phone tower interference. In each case, partnerships like these yield benefits for customers and for RPM’s exceptional brands.
LEVERAGING A WORLD-CLASS TECHNOLOGY
RPM’s Wood Finishes Group traditionally serves industrial customers, producing stains and finishes for North America’s most prestigious wood furniture manufacturers. With help from the group’s strong technology and expertise, as well as Varathane’s trusted brand name, Rust-Oleum introduced a premium, oil-based wood stain line for consumers in 2004. This new product line is an example of RPM’s ability to
put leading-edge industrial technology in consumers’ hands.
WORLD OF OPPORTUNITIES
Many of our companies are cooperating in the pursuit of growth in new markets. For example, the Carboline Company, with its manufacturing base in Dubai, has long had a presence in the Middle East. With its strong customer base and distribution network, Carboline has now become a growth catalyst in this
region for a number of its sister companies, including Stonhard, Fibergrate and Tremco Sealants. Not only has Carboline opened new doors for these companies; it has saved them each millions of dollars and years of development had they pursued an independent market expansion strategy.
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FUELING FUTURE GROWTH
Underpinning this highly interactive and collaborative work environment are a number of cooperative initiatives, none more notable than our Purchasing Action Group, which coordinates our major raw material purchases on a global basis. Given our $2 billion base of business, we are able to dramatically reduce material costs for our companies. Doing so not only
enables us to drive strong results to the bottom line; it frees capital for future growth investments.
By collaborating and complementing one another’s strengths, the RPM companies are realizing synergies within the organization and sustaining a heritage of practical,
customer-focused solutions. They also are stimulating the growth that allows us to deliver for our employees, customers and stockholders. We believe we have just begun to harvest
the opportunities.
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Then, we bring it all Together
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Carboline (acquired 1985) coatings protect the structural steel of the Nelson Mandela Bridge in Johannesburg, South Africa, and Tremco (acquired 1997) products cover its deck.
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A Culture That Inspires Creativity
A promising acquisition can fuel internal growth. When RPM or one of its operating
companies acquires a singular product or technology, then applies the resources
of a multi-billion dollar company, explosive growth can result:
- In 2000, Rust-Oleum/RPM acquires EPOXY SHIELD (formerly EPOXI-TECH)
water-based garage floor coating for do-it-yourselfers (left)
- This $2 million product line shows strong potential, but lacks the size
and scope to serve RPM’s large customer base
- To grow the EPOXY SHIELD brand, Rust-Oleum leverages a wide range of
internal resources: technology, marketing, product packaging, distribution
- Within four years, the EPOXY SHIELD brand expands into a $20 million busines
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RPM International Inc. | 2628 Pearl Road P.O. Box 777 Medina, OH 44258
Phone (330) 273-5090 |
Fax (330) 225-8743 Email: info@rpminc.com | www.rpminc.com
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