Reckitt Sells Plastic Wood to RPM Int'l

 
  • Reckitt & Colman, now Reckitt Benckiser plc (LSE), is a UK-based global leader in branded household cleaning products with a market capitalization of $20 billion
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  • Reckitt retained TM Capital to divest its off-strategy Plastic WoodŽ brand line of wood repair products
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  • TM Capital completed the sale of the Plastic WoodŽ product line to RPM International Inc. (NYSE), a leading global supplier of specialty coatings
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  • This transaction was one in a series of five successful branded product line divestitures TM Capital has completed for Reckitt