RPM International makes European acquisition

Author:
Updated:
Original:

RPM International acquired Pipeline & Drainage Systems Ltd., a supplier of curb, bridge and channel drainage products for construction and infrastructure markets, primarily in the United Kingdom and Ireland.

Terms of the transaction were not disclosed.

"We intend to leverage RPM's established sales and distribution network to take the PDS product line deeper into the European marketplace. In particular, this acquisition of PDS complements our USL business and strengthens its already strong position in the U.K. infrastructure market," chairman and CEO Frank Sullivan said in a statement.

Ohio-based RPM International, a holding company, owns subsidiaries that are leaders in specialty coatings, sealants, building materials and related services serving the industrial and consumer markets. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, boat repair and maintenance.

Related

NMMA to Hold State of the Industry Webinar

The March 4 webinar takes place at 11 a.m. and includes the presentation of the Marine Industry Customer Satisfaction Index Awards and the Alan J. Freedman Award.

Sanlorenzo Reports 2020 Financials

Gains in the Asia-Pacific and Americas markets offset losses for the Italian builder’s superyacht division.

Into the High Season

Our monthly Pulse Report survey asks dealers about restocking inventory and more, as the new season looms.

It Takes Two to Tango

The boom in boat sales we’re enjoying is a result of the combined efforts of the National Marine Manufacturers Association and the Recreational Boating and Fishing Foundation.

Besenzoni - for over 50 years ambassador of made in Italy in the world - designs and produces accessories for pleasure and commercial boating characterized by simple and functional design

Besenzoni constantly assists its customers in 90 countries with 187 representative points and a direct assistance network consisting of 164 operating units around the world coordinated by the headquarters.

Sea Tow Saves Cold-Stunned Turtles

Its Corpus Christi outfit is rescuing turtles that were affected by the deep freeze in Texas.