RPM International to Expand Portfolio by Acquiring Star Brands Group

RPM International Inc. (RPM) has signed a definitive agreement to acquire the UK-based Star Brands Group, mostly known for the globally renowned The Pink Stuff product.RPM stock dropped 4.2% during Thursday’s trading session and inched down 1% in the after-hours, following the buyout agreement announcement.More About RPM’s New BuyoutRPM International is engaging in this strategic transaction with Star Brands to enhance and diversify its Rust-Oleum subsidiary’s cleaners business. The addition of the acquired ...