21 July 2017
DETAILS
RPM International Inc. today announced
that it has acquired
a manufacturer of polymer flooring and coating systems.
It will operate as one of
RPM’s
Headquartered in
Key Resin has annual net sales of approximately
Terms of the transaction, which is expected to be accretive
to earnings within one year, were not disclosed.
Key Resin manufactures and markets terrazzo
and resinous flooring, wall coating systems,
concrete repair materials and maintenance products
for industrial, institutional and commercial applications.
It sells directly to contractors and facility owners,
enabling Key Resin to provide highly insightful
and responsive customer service and technical support.
The company primarily serves the North American market.
The
of specialty chemical products for the global construction
and engineering industries.
Its global product portfolio includes
admixtures, concrete fibers, grouts, mortars,
screeds, adhesives, concrete sealers, sealants,
protective coatings, flooring systems
and waterproofing membranes,
among many other construction products.
RPM chairman and chief executive officer
“Key Resin fits right within our sweet spot for acquisitions.
It’s a well-run, family-founded specialty coatings business
that is a market leader,”
“This transaction expands
our Euclid Group’s flooring systems product offering
and market share in
as a significant player in terrazzo flooring.
Key Resin will continue to be run by
a second-generation family leader of the business,
and his strong management team.”
Source:
RPM International Inc.
Barry M. Slifstein, vice president – investor relations
330-273-5090
bslifstein@rpminc.com
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