Laticrete International Inc., a manufacturer of globally proven construction solutions for the building industry, has announced the strategic asset acquisition of L&M Construction Chemicals Inc. The acquisition will provide Laticrete customers access to new products and technologies while expanding the company’s presence in the restoration and decorative concrete categories.
Headquartered in Omaha, Neb., L&M produces a diverse line of concrete construction chemicals, including coatings, sealers, construction grouts, patch and repair mortars, and color hardeners for polished concrete. Through this acquisition, L&M’s brand portfolio will gain access to Laticrete manufacturing capabilities, sales representation, marketing, and support services.
Laticrete is a family-owned, worldwide manufacturer and marketer of residential, commercial and industrial construction solutions, primarily in the flooring industry.
Under the new ownership of Laticrete, the L&M brand and product portfolio will leverage the many resources and opportunities Laticrete offers including: nationwide manufacturing facilities, an expanded team of sales representatives, global research and development capabilities, world-class marketing and technical services, access to global markets, an enhanced architectural presence, and access to a nationwide distribution system.
L&M’s product lines will continue to carry the L&M name under the Laticrete corporate brand identity, and the company’s manufacturing and sales functions will remain in Omaha. Integration of manufacturing, sales and service functions will occur throughout 2014.