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Home  > Markets & companies  > Coatings market  > RPM acquires HiChem Paint Technologies

Thursday, 19 September 2019
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Markets & companies, Coatings market

RPM acquires HiChem Paint Technologies

Friday, 6 April 2012

RPM buys Australian manufacturer of automotive aftermarket coatings as well as specialty coatings for industrial applications and home maintenance.

RPM International Inc. announced that its Rust-Oleum Group has acquired HiChem Paint Technologies Pty. Ltd., an Australian manufacturer of automotive aftermarket coatings, as well as specialty coatings for industrial applications and home maintenance. Based in Hallam, Australia, the company has annual sales of approximately USD 23 million. HiChem manufactures and markets a wide range of vehicle repair, general industrial and home maintenance coatings and products for both do-it-yourselfers and professionals. This acquisition expands RPM’s presence in the Australian market and enhances the operational capabilities in the region by providing new distribution channels and local manufacturing, stated Frank C. Sullivan, RPM Chairman and Chief Executive Officer.

With the acquisition of HiChem, RPM expands its presence in the Australian market. Source: Konstantin Gastmann/Pixelio.de

With the acquisition of HiChem, RPM expands its presence in the Australian market. Source: Konstantin Gastmann/Pixelio.de

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