RPM International Inc. is a multinational holding company with subsidiaries that manufacture and market high-perfor- mance coatings, sealants and specialty chemicals, primarily for maintenance, repair and improvement applications. RPM
reported revenue for 2013 of $4.1 billion. The company employs
approximately 10,500 people and has 93 facilities in 23 countries.
In fiscal 2013, the company’s industrial products accounted for 65
percent of its total coating sales, with consumer products represent-ing 35 percent. The Industrial segment’s operating groups include
RPM Building Solutions Group, which provides roofing systems,
sealants, corrosion control coatings, flooring coatings and specialty
chemicals. Leading brands include Tremco, Euco, Illbruck, Stonhard, Flowcrete, Carboline, Vandex, API, Tamms, NulliFire, Expanko and Fritz Tile.
The Consumer segment’s operating groups include Rust-Oleum
Group, which provides rust-preventative and small project paints,
primer-sealers, wallcovering preparation and removal products,
wood stains and finishes,mildew resistant paints and hobbyist products. Major brands include Rust-Oleum, DAP, Zinsser, Restore,
Varathane, Wolman and Testors.
RPM’s Rust-Oleum Group has acquired Citadel Restoration and
Repair, Inc., a producer and marketer of premium concrete and
wood deck floor coatings for both the professional contractor and
do-it-yourself (DIY) markets. Based in North St. Paul, Minnesota,
Citadel has annual sales of approximately $10 million.
Citadel’s unique formulation of concrete floor coatings allows
for a quick 24-hour cure, compared to conventional systems that
require at least 72 hours of cure time. The company’s Citadel brand
is marketed to professional contractors, while its Rock Solid brand
is targeted to the DIY market. Citadel also offers a premium line of
Rock Solid exterior wood care products that provide performance
advantages over conventional stains.
RPM’s Performance Coatings Group has acquired Expanko Inc.,
a manufacturer of Fritz Tile brand terrazzo tile, as well as cork, rubber and rubber/cork floor tiles, for an undisclosed sum.
Expanko, based in Exton, Pennsylvania, makes flooring products
for schools, healthcare facilities, hotels, and sports and entertainment venues. It has annual sales of $12 million.
The acquisition includes Expanko’s manufacturing facilities in
Mesquite, Texas.
PUBLIC COMPANY
YEAR ESTABLISHED: 1947
REVENUE: $4.1 billion s (2012: $2.7 billion)
MARKETS SERVED
• Roofing systems • Caulks and sealants
• Flooring systems • Corrosion control coatings
• Primers-sealers • Specialty paints
• Hobby and craft paints •Wood stains and finishes
• Rust-preventative paints
KEY EXECUTIVES
Frank C. Sullivan, chairman and CEO; Ronald A. Rice,
president and COO; Thomas Reed, Rust-Oleum Group;
John McLauglin, DAP Group; Michael Tellor, RPM2 Group;
Paul G.P. Hoogenboom, Tremco Group; Reiner Eisenhut,
Tremco Illbruck Group; David Reif, Performance Coatings
Group.
RPM International Inc.
Medina, Ohio/USA
www.rpminc.com06
Key Developments 2013
Growth Opportunities in South America
The market with some of the greatest growth potential for RPM is
Brazil. It is the world’s sixth largest economy and is investing heavily in infrastructure for the hosting of the 2014 World Cup and
2016 Summer Olympics. Thanks to the June 19, 2012, acquisition
of Viapol Ltda., RPM gained a platform from which many of its businesses can enter Brazil. Viapol is already distributing Tremco, Euclid
Chemical and Flowcrete products.
Building Freedom
The new Freedom Tower in New York was constructing using several RPM products, including Euclid Chemical admixtures, Stonhard
polymer flooring and Carboline corrosion control and fireproofing
coatings.
Always Innovating
Never Wet is the latest innovation from Rust-Oleum. Objects coated
with the NeverWet temporary treatment dramatically repel water
and other liquids. Other recent innovations are Zinsser’s B-I-N Advanced, a primer made with synthetic shellac and DAP DRAFTSTOP
812, a non-rigid polyurethane foam that creates weatherproof seals
around window and door frames.
