US RPM buys Braziliam building materials firm

19 June 2012 22:04  [Source: ICIS news]

HOUSTON (ICIS)--RPM International acquired Viapol, a Brazilian company that makes building materials and construction products, the US-based adhesives and sealants producer said on Tuesday.

RPM did not disclose the financial terms of the deal.

Viapol is based in Cacapava, Sao Paulo state. It has sales of $85m/year (€67m/year), RPM said.

RPM will incorporate Viapol into The Euclid Chemical Group, which is part of the company's Building Solutions Group.

Viapol employs more than 300 people and has two plants in Brazil, RPM said.

Its products include rolled asphalt roofing materials, waterproofing products, concrete admixtures, industrial epoxy flooring systems and structural recovery products as well as retail paints, varnishes and stains.

($1 = €0.79)

By: Al Greenwood
+1 713 525 2645

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