America's Business-to-Business Journal for Industry
   Subscribe      Advertise       Submit News       Feedback       Jobs   
Ohio News
Similar Articles:
RPM's Stonhard Subsidiary Acquires Ascoat Contracting an Australian Distributor
Ohio's RPM's Carboline Subsidiary Acquires Majority Interest in Indian Joint Venture
Rust-Oleum Acquires UK Fiberglass Safety Products Supplier

RPM Acquires UK-Based Universal Sealants a Construction Products and Bridge Joints Business
Universal Sealants Is a Supplier of Coatings and Construction Products and Services for Bridges and Large Infrastructure Projects

MEDINA, Ohio, -- RPM International Inc. (NYSE:RPM) has acquired the Universal Sealants (U.K.) Limited group of companies, a United Kingdom-based supplier of coatings and construction products and services for bridges and large infrastructure projects.  Universal Sealants, which is headquartered near Newcastle, England and has sales of approximately $55 million, will operate as a stand-alone industrial business in the RPM Performance Coatings Group.  Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.

Universal Sealants manufactures supplies and installs construction products including waterproofing systems, protective coatings, expansion joints and concrete repair products.  Universal Sealants' products are primarily used for the construction, maintenance and repair of bridges, parking structures, tunnels, railways and other major structures.  The company is a market leader in the United Kingdom and Ireland, and has a growing presence in the Middle East.

"The acquisition of the Universal Sealants group marks the continuation of RPM's tradition of purchasing high-quality, family-owned businesses that are leaders in their markets," stated Frank C. Sullivan, RPM chairman and chief executive officer.  "We are very excited that George Paxton, who founded Universal Sealants with his late brother John and George's highly talented management team will remain with the organization."

RPM International Inc., a holding company, owns subsidiaries in specialty coatings, sealants, building materials and related services serving both industrial and consumer markets.  RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals.  Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit.  RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, boat repair and maintenance, and by hobbyists.  Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.  Additional details are available at RPM International Inc.

For more information, contact P. Kelly Tompkins, executive vice president and chief financial officer, at 330-273-5090 or ktompkins@rpminc.com.


All comment postings require your name and email address for user verification only. Your email address will not be used or distributed for any other purpose.
No advertising is permitted and will result in the post being deleted and/or banning. Please click "REPORT" to report any inappropriate posts.
blog comments powered by Disqus


Permission to Reproduce:
Unless otherwise stated, the copyright and similar rights to all material published on this website are owned by The Manufacturers Group Inc. DBA Manufacturing & Technology eJournal. Reproduction of any article in print, electronic or any other form must acknowledge Manufacturing & Technology eJournal as the Source and include a link to http://www.mfrtech.com


Latest Ohio News:
Ohio Approves Clean Grants to Communities for Brownfield Redevelopment

Ohio to Create or Retain 620 Jobs with $540,000 in Economic Development Grants

A. Schulman Purchases McCann Color, Inc.

AssureRx Adds Fifth Gene to Pharmacogenetic Profile to Guide Psychiatric Drug Prescribing

Unison Industries, LLC Signs License Agreement with Boeing

A. Schulman Purchases McCann Color, Inc.

Shearer's Foods, Inc. Acquires Snack Alliance, Inc.


Latest Indiana News:
Wabash National Corporation Agreement With Swift Transportation Co. for New DuraPlate® HD dry vans

Delta Faucet Company Consolidating Machining Activities from Two Operations into One

Software Developer Exacq Technologies Adding Jobs in Fishers, Indiana

Techshot Receives Contract from the U.S. Army's Natick Soldier Research, Development and Engineering Center

Manufacturer of Components and Materials for the Automotive Industry Expanding

Logistics Firm to Launch Operations in Indiana, Hire 250

Grain Storage Company Will Invest $3.3 Million in New Haven, Indiana

Medline Industries, a Medical Supplies Maker Sites Distribution Center in Indiana

Dow Agrosciences Investing Over $340 Million For R&D Indiana Expansion


Latest Kentucky News:
General Cable Expands Its Transportation and Industrial Harnesses Business in Europe

Bremner Food Group Announces Major Expansion for Kentucky

Kentucky’s Annual Jobless Rate jumps to 26-year high of 10.5 percent in 2009

Metalworks Recycle-Reload and Expanding Owl’s Head Alloys Announced for Kentucky

Virtual Health Technologies, Inc. Announces Formation of VHGI ENERGY, LLC


Latest Michigan News:
KMT Robotic Solutions Extends Relationship with FANUC Robotics America

Dow Announces Sale of Styron Division to Bain Capital for $1.63 Billion

February Combined Chevrolet, Buick, GMC and Cadillac Sales Up 32 Percent


Other News:
Manufacturing Technology Consumption 26% Ahead of January 2009

Employers Need Health Reform That Controls Cost - Not Increases It

Washington Urged to Resolve Mexican Truck Dispute

Obama Care: a Sweeping Impact on Part Time Employers

2010 North American Material Handling and Logistics Show Coming to Cleveland April 26-29

Ultra 76 Tantalum Alloy with Improved Corrosion Resistant Properties

Kick Start Your Recovery for 2010

New 8-Series 4-Wheel AC Electric Lift Truck Introduced from Toyota

New Material Handling Conveyor for the Stamping and Material Handling Industries

Universal Rack Repair Kits for Rack Systems

Small and Midsized Industrial Manufacturing CFOs Reveal Their Top Concerns of 2010

Atlas Copco’s Smallest Oil-Injected Screw Compressor Range Delivers More

The Inspiration Factor: How to Change Your Corporate Culture

Jungheinrich® Warehouse Products Roll off the Line at Mitsubishi Caterpillar Forklift America Inc.

Increase Sales 43%

CACI Awarded Contract on $588 Million with U.S. Navy’s Space and Naval Warfare Systems Command

Balluff Introduces a New Family of High Performance Photoelectric Sensors

Finding Government Business

Eaton Introduces Electronic Fuel Vapor Management Valve for Hybrid-Electric Vehicles

Tera Networks Introduces 'Hardware as a Service' (HaaS) to Small Businesses

Triumph Group Announces Acquisition of Fabritech, Inc.

And Don't Miss
Our Most Recent Cover Stories
Letters, Comments, and Forums
National News
Other States
White Papers
Return to our Home Page