RPM acquires manufacturer commercial joint sealants

RPM acquires manufacturer of commercial joint sealants

7:29 AM, 13th June 2019
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MEDINA, US: RPM International Inc said that its Tremco business has acquired Schul International Co LLC and Willseal LLC.

Schul International is a manufacturer of joint sealants for commercial construction and Willseal a business that markets and sells Schul products. Both companies are headquartered in Hudson.

Schul’s product line primarily consists of pre-compressed, self-expanding foam tapes, which are used for sealing vertical and horizontal joints in applications that include window seals, precast concrete, modular construction and concrete façade restoration. They are sold under the Sealtite and Willseal brands.

Schul is an industry innovator that has developed a number of proprietary systems, including those that are fire rated to provide passive fire protection and others that are pre-coated with silicone to deliver weather-tight joints. Its systems are further differentiated by the use of monolithic foam versus competing products that are made from several foam layers that are laminated together.

Schul and Willseal will be integrated into RPM’s Tremco Commercial Sealants & Waterproofing business, which specializes in the manufacture of sealants and waterproofing products for commercial, residential, industrial and infrastructure markets. The companies’ entrepreneurial leaders, Steve Robinson of Schul and Brian Iske of Willseal, will continue in their current roles with the business units as part of Tremco.

“The acquisition of Schul strengthens Tremco’s position as a global market leader and puts RPM in a leading position for impregnated foam tape technology. Through this transaction, we are creating a platform for North American-based production, augmenting our product development capabilities and leveraging other synergies that will be further enhanced by our MAP to Growth operating improvement initiative,” stated Frank Sullivan, chairman and CEO of RPM.

© Worldofchemicals News



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