Legend Brands acquires Prochem

Discussion in 'the CleAn Room' started by Mikey P, Jan 4, 2017.

By Mikey P on Jan 4, 2017 at 5:11 PM
  1. Mikey P
    Mikey P

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    Wow!

    How cool is that!

    Mike Roden returns..



    MEDINA, Ohio, Jan. 4, 2017 /PRNewswire/ -- RPM International Inc. (RPM) today announced that it has acquired two businesses, a manufacturer of commercial floor cleaning equipment and chemicals, and a manufacturer of specialty chemical raw materials. The companies have combined annual net sales of approximately $42 million. Terms of the transactions, which are expected to be accretive to earnings within one year, were not disclosed.

    RPM's Legend Brands business has acquired the Prochem business from the Kärcher North America Company, Inc. Prochem is a manufacturer of professional equipment and chemicals for cleaning and restoring carpet, upholstery and hard flooring surfaces. Based in Chandler, Arizona, Prochem has annual net sales of approximately $22 million.

    Prochem's equipment line includes truck-mounted and portable carpet, upholstery and hard surface cleaning machines, as well as a complete line of accessories. Prochem also manufactures professional-grade cleaning chemicals, including detergents, shampoos, spot and stain removers, and deodorizers. Its products are sold by distributors to professional cleaning contractors, primarily in North America.

    "We expect the addition of Prochem, which will be integrated into Legend Brands' current offering of professional cleaning products, to propel us into the leadership position in the professional cleaning market," stated Frank C. Sullivan, RPM chairman and chief executive officer. "There are a number of efficiencies to be gained by the combined businesses that we can leverage to the bottom line. Plus, we will be able to better serve customers as we now have cleaning chemical blending facilities on both the east and west coasts of the U.S."


    http://www.prnewswire.com/news-rele...annual-net-sales-of-42-million-300385734.html
    Last edited: Jan 4, 2017

Comments

Discussion in 'the CleAn Room' started by Mikey P, Jan 4, 2017.

    1. Cleanworks
      Cleanworks

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      Since nobody can answer my question, I'll do it for you. The machine with the 2-13.5 amp vacs in parallel. Even though it has less lift, it has a ton more airflow which makes the wand stick to the carpet. Most tm' are capable of the same lift. Those with larger blowers also give you more airflow, which will put the available lift where you need it. At the wand. Cranking up the lift on a small blower doesn't give you dryer carpets. It actually reduces your air flow. If you want to run longer hoses, you need more air flow (larger blower) not more lift. A #3 blower produces exactly the same lift as a #5 blower.
      Matt Wood likes this.
    2. steve_64
      steve_64

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      My first apartment today.

      KIMG0227.jpg

      I'm not stopping to change it out at apartments. Someone's home yes I do keep it cleaner. I filled it up again on the last job just before I had a breakdown.
    3. dgardner
      dgardner

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      No one can, or everyone chose not to? :biggrin:
      Cleanworks likes this.
    4. greencc
      greencc

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      not right ron. if you use up most of the available lift for you tm then you will not have enought lift at the wand. example is 150 fet of 1.5 inch hose. if you vac relief is set at 13" and you use up 10" of lift because of hose and wand then you have exactly 3" of lift to use. yes cfm will be low also but lift is what gets the water into the vac hose.

      every machine is restricted in the vac system. most makers restrict it by using a small silencer and not running the blower fast enough. but other things can restrict it too
      Larry Cobb and Mikey P like this.
    5. greencc
      greencc

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      higher lift does lower cfm but not for cc machines. that limiter is the vac relief valve. if we have the same machine and the same setup but you set the relief 12" and i set mine at 16" then i will have more vac than you do. i will have more available lift at the capet than you can have just physics
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    6. Cleanworks
      Cleanworks

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      Take your own test. Set up your hoses and test the lift both at the truck and then at the end of the hose with a vac gauge. You will find the lift is the same. It will just take longer to get there at the end of your hose.
      SamIam and Lee Stockwell like this.
    7. dealtimeman
      dealtimeman

      Everyday is Saturday.

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      This is why larger blower with appropriate power+larger hose diameter+large waste tank works so well.
    8. Larry Cobb
      Larry Cobb

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      Rico;

      Usually about two Dynachem TM's per month.

      They last too long . . .
      Desk Jockey likes this.
    9. Rolland the Gunslinger
      Rolland the Gunslinger

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      Mergers and acquisitions make sense. Economies of scale...which could lower prices and bleed out the remaining compition. Which could lead to further consolidation at greater value for the consoladtor...if the wound is deep.
    10. Larry Cobb
      Larry Cobb

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      All the mergers I see,
      require higher pricing to pay down the money used to buy the other company.

      Not to mention good employees losing their jobs.
      ronbeatty likes this.
      Last edited: Feb 19, 2017
    11. SamIam
      SamIam

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      Not to long with a 4.8 blower
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    12. Matt Wood
      Matt Wood

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      If this merge causes job loss, I'm sure those news reports will come on here first.
    13. Desk Jockey
      Desk Jockey

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      Wow empathy for those employed by the companies you consistently bash. Damn if you don't have a heart in there somewhere. Its a cold one but you gots one. :winky:
      Matt Wood and Mikey P like this.
    14. hogjowl
      hogjowl

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      Look what your cousin did to Argentina
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    15. Rolland the Gunslinger
      Rolland the Gunslinger

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      Oh it will cause job loses. Often the pencil pushers become redundant. I think that line of argumentation could be pandering. Typical appeal to empathy tactic. For the most part we are front line workers so that argument will appeal to the us...
      Could be naked self interest making that comment. Don't know enough about Larry to comment with certainty. But if my hypothesis is true then he would stand to lose. Don't get me wrong there will always be a market for garage built TM's. But they become less attractive if the big boys can lower there prices.

      Curious to know the market share of SS and PC...
    16. Matt Wood
      Matt Wood

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      I don't see any jobs being lost. I just see prochem as being another division, just like sapphire is a division of Legend brands

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