PORTLAND, Ore. — This story comes from the Portland Business Journal, a KGW news partner. Click here to read the full story.
Miller Paint, one of Portland's oldest businesses, has been acquired by its Pacific Northwest competitor, Rodda Paint.
The companies announced the merger Monday afternoon.
"This landmark agreement, built on shared values, rich histories and strong reputations, brings together two of the most trusted names in the Pacific Northwest paint industry to better serve customers, employees, and communities alike," a news release said.
Miller Paint was founded in Portland in 1890 by German immigrant Ernest Miller and had been an employee-owned company since 1999, according to its website. It lists 56 stores in Oregon, Washington and Idaho. Miller also manufactures its paints in Oregon.
Rodda Paint also has a long history in the Portland area. Founded in 1932, it had more than 40 stores in 2004 when it was acquired by Cloverdale Paint of Surrey, British Columbia, according to Rodda's website.
As an independent Cloverdale subsidiary, Rodda had 60 company-owned stores and sales of $125 million in 2022, its website says.
"This is an exciting new chapter for both companies," Rodda President and Chief Operating Officer David Wolf said in the announcement. "Together, we'll honor Miller Paint's incredible legacy while combining resources to elevate our service and strengthen our presence in the Pacific Northwest."
