M-D Building Products acquires RCR International, Inc.

M-D Building Products acquires RCR International, Inc.
Photo source
www.mdteam.com
Oklahoma City-based M-D Building Products, Inc. has purchased a majority of the assets of Québec-based RCR International, Inc. and its Chicago-based wholly-owned subsidiary, W.J. Dennis.

RCR International and W.J. Dennis have been serving customers since 1900 and produce and distribute high-quality weather-stripping, insulation components, screening, snow brushes, squeegees and other hardware & seasonal products for customers across North America. Carpet and rug runners is the only category which was not acquired as part of the transaction. 

"M-D is pleased to acquire both the RCR and W.J. Dennis full product lines, including the established brand name (Climaloc®), inventory, patents and intellectual property,” said Loren Plotkin, chairman and president of M-D Building Products.

“The expanded product offering enhances our ability to supply our existing customers new product lines, as well as bring new M-D customers a broader product and quality selection. Additionally, this acquisition also marks another example of our successful strategy to grow through selective acquisitions as a means to diversify our customer base and expand our products and service in the market sectors where we compete. This acquisition comes on the heels of our recent purchase of Morse Industries and expands our North American presence, most prominently in the Canadian market where we see significant growth potential.” 

"M-D Canada looks forward to expanding our business in the Canadian Market with the addition of RCR’s weatherization and broad product offering of screening, snow brushes and ice scrapers, squeegees and cleaning tools,” commented Joe Comitale, president of M-D Canada.

“RCR is a very well-respected manufacturer and distributor in Canada. In addition to bringing on the RCR products, this acquisition will improve our competitiveness and bring about synergies to drive operational efficiencies in both our Canadian and U.S operations. Our proven history with major retailers will provide confidence in our ability to integrate RCR products into our operations and marketing as we build out additional capabilities and programs.” 

Lincoln International served as financial advisor for RCR International and W.J. Dennis, which were under Canadian and U.S Bankruptcy Protection. 

600450 M-D Building Products acquires RCR International, Inc. glassonweb.com

See more news about:

Others also read

Innovative bird-friendly glass featuring Starphire glass among highlights of renovated Tropical Rainforest
National Aviary’s new bird habitat unveiled after extensive renovation.
Spectus credentials secure new build contract with EYG Commercial
Long-standing Spectus fabricator, EYG Commercial, have recently completed a new build affordable living rental project with Hull City Council.
Liniar’s Digital Focus Set To Gather Momentum
2018 sees Liniar celebrating 10 years of window innovation – and with the recent revamp of its website, the appointment of a Digital Marketing Manager and the launch of an innovative customer initiative, things are as busy as ever at Liniar HQ.
WDMA Releases 2018 U.S. Industry Market Study
The Window & Door Manufacturers Association (WDMA) has released the WDMA 2018 U.S. Industry Market Study. This report provides data and insights needed to understand the industry's performance, key trends, and future direction.
Amal Clooney
Clooney will speak at the Opening Plenary on Wednesday, Nov. 14 from 9-10 a.m. at the LEED-certified McCormick Place Convention Center.
New South Bank Show for ISO-CHEMIE Tape
Hundreds of new low carbon family homes under construction in Leeds city centre will be fully protected against the elements thanks ISO-CHEMIE’s expanding foam sealing tapes.

From industry

10924 Granite Street, Suite 200
Charlotte, NC 28273
United States

NEWS RELATED PRODUCTS

Trex Commercial Products
HHH Tempering Resources, Inc.
Trex Commercial Products
Diamon-Fusion International, Inc.
Diamon-Fusion International, Inc.
HHH Tempering Resources, Inc.

Add new comment