Acquisitions are a key element of RPM’s overall growth strategy. Through its strategic acquisition program, the company attracts successful entrepreneurial companies and product lines that complement its portfolio of industry-leading specialty coatings and sealants brands and applies a disciplined approach to investing in their continued growth. This, in turn, creates sustained value for RPM’s shareholders.
Over the last 30 years, RPM has completed approximately 175 acquisitions, with more than 60 of these transactions having taken place during the last decade.
RPM completed eight strategic business acquisitions in fiscal 2022, including:
- Dudick Inc.
- Pure Air Control Services, Inc. and Building Health Check, LLC
- Corsicana, Texas, manufacturing site sold by ChampionX Corporation
- TnD of Pittsburgh, Inc.
- J.W. Brett, Inc. (dba Brett Admixtures)
- Wood Repair Products, Inc.
- The Lutz Company’s panelization business
- Chryso North America’s cement grinding aids and additives business
As a core tenet of its acquisition strategy, RPM promotes an entrepreneurial culture that has positioned it as the “best home for entrepreneurial companies” in the industry. This philosophy has historically been a key attraction to business owners, as demonstrated by the fact that many of RPM’s operating companies are still managed by their founders, second- or third-generation family members, or the managers they entrusted to lead the businesses.
