RPM accelerates date of quarterly dividend payment of 22.5c The dividend is payable on December 28 to stockholders of record as of December 17. The payment is intended to be in lieu of the quarterly dividend that would have been paid in January 2013.
RPM2 Group acquires Morrells Woodfinishes RPM International announced that its RPM2 Group has acquired Morrells Woodfinishes. Based outside of Manchester, Morrells has annual net sales of approximately $33M and nearly 150 employees. The company will remain a stand-alone operation within RPM2's Wood Finishes Group. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.