MEDINA, OH – The Performance Coatings Group of RPM International Inc. has acquired the Grupo P&V group of companies, a leading European vertically integrated supplier of passive fire protection and insulation products. Headquartered in Barcelona, Spain, and with manufacturing in Villarana, Grupo has annual sales of approximately $23 million. Terms of the transaction were not disclosed.
Grupo manufactures, markets and installs expanded perlite and vermiculite for passive fire protection, soundproofing, and cryogenic and heat insulation applications. Grupo will continue to be led by its existing management team and owners, including founder Isidro Marques and Alvaro Boter.