RPM Acquires Wall System Fabrication Segment Of NOW Specialties, LLC; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
RPM International Inc. has acquired the wall system fabrication segment of Texas-based NOW Specialties, LLC. The acquired business specializes in Metal Composite Material and Aluminum Composite Material panels and has annual net sales of approximately $20 million. The installation business of NOW was not included in the acquisition.
October 03, 2023 | 10:48 am
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POSITIVE IMPACT
RPM International's acquisition of the wall system fabrication segment of NOW Specialties could potentially boost its revenues given the acquired business's annual net sales of approximately $20 million.
The acquisition of a business segment with annual net sales of approximately $20 million could potentially increase RPM's revenues. However, the exact impact will depend on how well RPM integrates and manages the new business segment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100