Welcome Guest to Coatings World    Login || Register
Last Updated Saturday, November 22 2014
Print

RPM Performance Coatings Group Acquires Commercial Floor Business



Published September 4, 2013
RPM International Inc.'s  Performance Coatings Group (PCG) has acquired Expanko, Inc., a producer of terrazzo tile under the FritzTile brand, as well as cork, rubber and rubber/cork floor tiles, primarily for the education, healthcare, hospitality and sports/entertainment commercial markets. Headquartered in Exton, Pennsylvania, with manufacturing in Mesquite, Texas, Expanko has annual sales of more than $12 million.  Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.

"Expanko is a great fit with other PCG flooring lines and should benefit from greatly enhanced marketing and distribution opportunities that will further its reach beyond its traditional U.S. East Coast strength," stated Frank C. Sullivan, RPM chairman and chief executive officer. "Expanko will operate as a stand-alone business within PCG and will continue to be led by one of its two owners, Randy Gillespie, and his current management team."


blog comments powered by Disqus
Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
USA
View Profile
Keeneyes
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
R.O.C.
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
Taiwan
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
Canada
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
Taiwan
View Profile
Lubrizol Advanced Materials, Inc.
9911 Brecksville Road
Cleveland, OH, 44141
US
View Profile
Follow Coatings World On