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Article: RPM'S CARBOLINE UNIT ACQUIRES MAJORITY INTEREST IN INDIAN JV.
- Article from:
- AsiaPulse News
- Article date:
- October 8, 2009
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MEDIA RELEASE PR36456
RPM's Carboline Subsidiary Acquires Majority Interest in Indian Joint Venture
MEDINA, Ohio, Oct. 7 /PRNewswire-AsiaNet/ --
RPM International Inc. (NYSE: RPM), a holding company of global specialty coatings, building materials and services businesses, today announced that its Carboline subsidiary has acquired a majority interest in its Indian joint venture, CDC Carboline India Pvt. Ltd. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
Based in Chennai, India, CDC Carboline India manufactures ...