RPM Acquires Manufacturer of Commercial Joint Sealants

Medina, Ohio -- -RPM International Inc. announced that its Tremco business has acquired Schul International, a manufacturer of joint sealants for commercial construction, and Willseal, a business that markets and sells Schul products. Both companies are headquartered in Hudson, N.H., and have combined annual net sales of approximately $15 million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.

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.