RPM International Inc., Medina, OH, has announced the acquisition of Manchester, England-based Flowcrete Group, a leading global manufacturer of resin flooring systems for industrial and commercial applications. Established in 1982, Flowcrete had 2007 sales of approximately $85 million.
Flowcrete’s range of decorative and high-performance flooring
systems is sold to applicators and end user under the Flowcrete, Flowfresh,
Isocrete, Deckshield, and Mondeco brands. These flooring systems are predominately
used in manufacturing plants, stadiums, schools, hospitals, parking decks and
other industrial or commercial environments that require lasting, decorative
Flowcrete has expanded aggressively in international markets,
especially Europe and Asia, and represents an opportunity for further
penetration into the growing global resin/seamless floor market. Flowcrete will
remain a stand-alone business under its current management team, led by
Managing Director Mark Greaves. Greaves will report to RPM Group Operating
President Dave Reif.
For more information, visitwww.rpminc.com.
RPM INTERNATIONAL ACQUIRES UK-BASED FLOWCRETE GROUP
May 13, 2008