in this issue
People & Business :: M&A
RPM acquires tile producer
10:11 AM MDT | September 4, 2013 | Lindsay Frost
RPM has acquired Expanko (Exton, PA)—a producer of terrazzo tile as well as cork and rubber floor tiles for the education, healthcare, hospitality and sports/entertainment commercial markets. Expanko has annual sales of $12 million with manufacturing at Mesquite, TX. Financial terms of the transaction were not disclosed, though RPM says it expects the acquisition to add to earnings within one year. "Expanko is a great fit with other performance coatings group flooring lines and should benefit from greatly enhanced marketing and distribution...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee