In the United States, RPM Inc. recently said it completed the sale of its Tremco Inc. subsidiary“s Swiggle Insulating Glass unit to Kirtland Capital Partners, a Cleveland, Ohio, investment firm, for …
In the United States, RPM Inc. recently said it completed the sale of its Tremco Inc. subsidiary“s Swiggle Insulating Glass unit to Kirtland Capital Partners, a Cleveland, Ohio, investment firm, for US$ 107 million. The company said the deal would not affect earnings and left its Tremco unit with an annual revenue base of about US$ 250 million. The sale of the Swiggle business substantially completes a restructuring associated with RPM“s acquisition of Tremco from B.F. Goodrich Co.