RPM subsidiary acquires Dudick

RPM International has announced that its Carboline subsidiary has acquired the Dudick business, a provider of high-performance coatings, flooring systems and tank linings.

The transaction will have a positive one-time impact on the profitability of Sika in the first half-year 2022. Image source: geralt - Pixabay (symbol image).

Dudick is headquartered in Streetsboro, Ohio, and has annual net sales of approximately USD 10 million (EUR 8.4 million). Terms of the transaction were not disclosed.

Founded in 1970, Dudick is a manufacturer of high-performance linings and secondary containment coatings, providing solutions for corrosion resistance and chemical containment systems across a broad range of applications including food processing, steel production, chemical processing, pulp and paper, electronics, power and biological research labs.

Products manufactured in the U.S.

The company’s products are manufactured in the U.S., with additional manufacturing relationships in Taiwan and South Korea, and are distributed worldwide. The Dudick business will become part of RPM’s Carboline subsidiary, which is a manufacturer of high-performance industrial coatings, linings and fireproofing products.

“Dudick will be a natural fit in our Performance Coatings Group, bringing with them a strong reputation for high-quality products and excellent service built under the leadership of Tom Dudick,” stated Frank C. Sullivan, RPM chairman and CEO. “This acquisition of the Dudick business will allow Carboline to strengthen its position in the secondary containment linings market with an established and trusted product while simultaneously opening the door to expanded sales and future growth opportunity worldwide.”

Hersteller zu diesem Thema

This could also be interesting for you!