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RPM International Acquires Nail Care Manufacturer
Posted: September 6, 2012
RPM International Inc. has acquired Kirker Enterprises, Inc., a manufacturer of nail care enamels, coatings components and related products for the personal care industry. Based in Paterson, New Jersey, Kirker has annual sales in excess of $100 million, and the terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
"Kirker will operate as a stand-alone company within our RPM2 business group and continue to provide its customers the same level of outstanding service and innovation to which they are accustomed. Through our many companies, RPM has among the broadest coatings technologies in the world, and Kirker will be able to access these technologies to bring even more innovation to the personal care industry," stated Frank C. Sullivan, RPM chairman and CEO. "We're proud to have Kirker's management team join RPM."