Deal announced Feb 2009 · Switzerland Verified
RPM International subsidiary acquires Karochemie AG
RPM International Inc. announced that its subsidiary Tremco illbruck International GmbH is acquiring Karochemie AG, a Swiss sealant supplier. The deal is expected to be accretive to earnings within one year and strengthen market position in Switzerland and Liechtenstein.
“RPM International Inc., Medina, OH, has announced the acquisition of Karochemie AG, a leading supplier of sealants to the construction markets in Switzerland and Liechtenstein, by RPM subsidiary Tremco illbruck International GmbH.”
Entities
RPM International Inc. · Parent Karochemie AG · Target Tremco illbruck International GmbH · Acquirer
Other Sentiment: Positive
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