RPM Acquires Krud Kutter

(RTTNews) - RPM International Inc. (RPM) said Monday that its Rust-Oleum Group has acquired Krud Kutter Inc., a producer of cleaners and removers for residential, commercial and industrial environments.

Terms of the deal, which is expected to be accretive to earnings within one year, were not disclosed.

Based in Cumming, Georgia, Krud Kutter specializes in problem solving cleaners and removers, which are water-based, bio-degradable, non-toxic and VOC compliant, while offering superior performance characteristics. The brand is sold across the country in home centers, hardware and paint stores, mass merchants and industrial supply outlets. Krud Kutter has about $13 million in annual sales.