Dap All Purpose Adhesive Sealant Home Depot
RPM International Inc. (NYSE: RPM) today appear that it has acquired the cream analysis of Clayton Corporation, best accepted for its customer polyurethane cream cast Touch 'N Foam, to be allotment of its DAP business. Based abreast St. Louis, Missouri, the cream analysis of Clayton Corporation has anniversary net sales of about $60 million. Terms of the transaction, which is accepted to be accretive to balance aural one year, were not disclosed.
The aggregation markets two low-pressure, spray-polyurethane cream brands, Touch 'N Cream for the customer do-it-yourself bazaar and Touch 'N Allowance for the able automated market. They are acclimated about homes, barrio and added structures to annihilate air leaks and drafts, allowance gaps and cracks, and insulate adjoin the elements. These brands primarily serve the North American market. The acquired artefact ambit will be marketed as allotment of the all-embracing DAP artefact portfolio, which includes caulks and sealants, architecture adhesives, accepted purpose adhesives, and added application and adjustment products.
"The accession of Touch 'N Cream polyurethane expands DAP's artefact coverage, while accouterment a cost-effective U.S. accomplishment and technology platform," declared Frank C. Sullivan, RPM administrator and arch controlling officer. "We intend to accouter DAP's class administration and business ability to advance Touch 'N Foam's adjustment and bazaar impact. At the aforementioned time, we will advantage the Touch 'N Cream sales alignment to aggressively bazaar DAP amount articles into new channels and accounts."
