Tuesday, January 3, 2017

DAP acquires Touch 'N Foam and Touch 'N Seal brands

Baltimore caulk maker DAP Products Inc. has acquired Clayton Corp., known for its popular Touch ‘N Foam and Touch 'N Seal brands. DAP is a division of Medina, Ohio-based RPM International Inc. Based near St. Louis, Missouri, the foam division of Clayton Corp. has annual net sales of approximately $60 million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed. The acquisition will expand DAP’s products offerings while providing a cost-effective…



from http://www.bizjournals.com/baltimore/news/2017/01/03/dap-acquires-touch-n-foam-and-touch-n-seal-brands.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/155369544862

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