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People & Business :: M&A
RPM acquires specialty cleaner maker Krud Kutter
2:14 PM MDT | July 7, 2014 | Lindsay Frost
RPM International today announced that its Rust-Oleum specialty cleaners group has acquired Krud Kutter (Cumming, GA), a producer of cleaners and removers for residential, commercial, and industrial environments. Krud Kutter has approximately $13 million in annual sales. Financial terms of the agreement have not been disclosed. “The Krud Kutter brand is expected to benefit from Rust-Oleum's marketing and category management expertise to further penetrate what is currently a fragmented market category," says Frank Sullivan, RPM chairman and...
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