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Rodda Paint Co. Acquires Miller Paint Company, Uniting Two Iconic Northwest Brands

Dec 02, 2024•8 months ago

Acquiring Company

Rodda Paint Company

Acquired Company

Miller Paint Company

PortlandPortlandManufacturingRetail

Description

Rodda Paint Company, in partnership with the Cloverdale Group, is proud to announce the acquisition of Miller Paint Company. This landmark agreement brings together two of the most trusted names in the Pacific Northwest paint industry to better serve customers, employees, and communities alike. The acquisition is a result of negotiations built on shared values, and it aims to preserve the unique strengths of each company while enhancing operational efficiencies and geographic reach.

Company Information

Company

Rodda Paint Company

Location

Portland, Oregon, United States

About

Rodda Paint Co. is the largest family-owned paint manufacturer in the Northwest with offices and manufacturing facilities located in Portland, Oregon and is an independent subsidiary of the Cloverdale Group based in Surrey, BC, Canada. Rodda Paint Co. manufactures and distributes Quality Paints, High-Performance Industrial Coatings, and Professional Painting Supplies demanded by the industry's various customer segments through its 120+ retail locations across the Northwest, including 60 full-service company stores. Rodda Paint, along with the Cloverdale Paint Group operates manufacturing plants in Portland (OR), Surrey (BC) Winnipeg (MB), Calgary (AB) and Mississauga (ON). Rodda Paint Co. is a Service oriented company that has been building lasting relationships with customers, partners and vendors for more than 90 years and recognizes the value of long-term, experienced and well-trained employees to become a sustaining resource for every customer segment.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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