Adhesives & Sealants Headlines

RPM Inc. Acquires DAP Products Inc. and DAP Canada Corp.

RPM has entered into a definitive purchase agreement with Wassall PLC to acquire DAP Products and DAP Canada for $290 million in cash.

MEDINA, Ohio — RPM Inc. has entered into a definitive purchase agreement with Wassall PLC to acquire DAP Products Inc. and DAP Canada Corp. for $290 million in cash.

DAP, Baltimore, with annual sales of approximately $250 million, manufactures and markets caulks, sealants, spackling and glazing compounds, contact cements, and other specialty adhesives. The company headquarters will remain in Baltimore under the management team led by John McLaughlin.

Thomas C. Sullivan, chairman and chief executive officer of RPM, stated, "DAP is an outstanding complement to RPM’s portfolio of leading consumer brand names, which include Rust-Oleum, Zinsser, Flecto, Varathane, Bondo and Bondex that serve the professional contractor and retail do-it-yourself markets. RPM expects to continue to develop the exciting synergies available between these businesses."

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!


ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI July 2015 issue

2015 July

The July issue features our annual Distributor Directory! Be sure to check it out!
Table Of Contents Subscribe

"Cultural Fit"

A recent opinion piece in the New York Times observed that new employees are often hired based on the personal similarities they share with their interviewers. How important is “cultural fit” when hiring someone?
View Results Poll Archive


Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 


facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.