RPM International Acquires Applied Polymerics (API/MAI)
July 7, 2016
RPM International Inc. acquired Applied Polymerics, Inc. & Marketing Associates, Inc. (API/MAI) and will fold the business into its Universal Sealants (U.K.) Limited (USL) unit within the RPM Performance Coatings Group. The Mount Airy, North Carolina company supplies and installs bridge expansion joints, concrete repair compounds, protective coatings and pavement-preservation products (about $14M in annual sales); existing management will remain in place.
- Buyers
- RPM International Inc., Universal Sealants (U.K.) Limited (USL)
- Targets
- Applied Polymerics, Inc. & Marketing Associates, Inc. (API/MAI)
- Industry
- Building Products
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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