RPM Acquires Flooring, Adhesives Companies in Europe
MEDINA, OH - RPM International Inc. said its European development office, RPM Europe S.A., has acquired Ecoloc N.V./Lock-Tile Belgium N.V. and Compakta/Pactan, a division of Heidelberger Bauchemie GmbH. Terms of the cash transactions were not disclosed. RPM said the acquired businesses will have combined annual sales of approximately 20 million euros.
Frank C. Sullivan, RPM president and CEO, said the transactions "represent our expanded emphasis on completing acquisitions in Europe, an important part of our growth strategy."