07.01.14
06 RPM International Inc.
Medina, Ohio/USA
www.rpminc.com
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. is a multinational holding company with subsidiaries that manufacture and market high-performance 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 representing 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 FritzTile.
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 FritzTile 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.
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
NeverWet 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.
Medina, Ohio/USA
www.rpminc.com
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. is a multinational holding company with subsidiaries that manufacture and market high-performance 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 representing 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 FritzTile.
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 FritzTile 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.
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
NeverWet 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.
