MEDINA, OH - RPM International Inc. announced that its tremco illbruck Group has acquired Firetherm Intumescent & Insulation Supplies Ltd., a UK market leader in fire-stopping solutions for the construction industry. The company’s RPM2 Group has acquired Morrells Woodfinishes Ltd., the UK's largest manufacturer of high-performance wood finishes.
Based in Kent, near London, Firetherm has annual net sales of approximately $10 million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed. Firetherm manufactures and supplies a broad range of fire-stopping products, intumescent coatings, and fire-rated sealants and fiberboards. They are primarily sold to specialist fire-stopping contractors, general contractors and homebuilders who view the company as a leading technical expert in the sector.