12.04.17
RPM International Inc. announced that its Rust-Oleum business group has acquired Whink Products, a specialty cleaners manufacturer and marketer that is the market share leader in the rust stain removal segment. Based in Eldora, Iowa, Whink has annual net sales of approximately $6 million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
Whink provides a broad range of specialty products, including premium rust, carpet and laundry stain removers; cooktop, countertop and wood cleaners; mineral deposit removers; and drain and septic system treatments. Among its leading brands are Rust Stain Remover and Rust Guard. They are sold through major retailers, home centers and grocery chains.
“In addition to providing us with the leading brand in the rust stain removal segment, Whink will also accelerate our expansion into other indoor cleaning solutions, adding a breadth of offerings to our rapidly growing Krud Kutter program,” stated Frank C. Sullivan, RPM chairman and chief executive officer. “We welcome the Whink team to the RPM family of entrepreneurial specialty chemical companies.”
Whink provides a broad range of specialty products, including premium rust, carpet and laundry stain removers; cooktop, countertop and wood cleaners; mineral deposit removers; and drain and septic system treatments. Among its leading brands are Rust Stain Remover and Rust Guard. They are sold through major retailers, home centers and grocery chains.
“In addition to providing us with the leading brand in the rust stain removal segment, Whink will also accelerate our expansion into other indoor cleaning solutions, adding a breadth of offerings to our rapidly growing Krud Kutter program,” stated Frank C. Sullivan, RPM chairman and chief executive officer. “We welcome the Whink team to the RPM family of entrepreneurial specialty chemical companies.”