Adhesive & Sealant Industry News

Tremco Acquires Wall System Fabrication Business of NOW Specialties

RPM International Inc. has acquired the wall system fabrication segment (the Fabrication Business) of NOW Specialties, LLC (NOW) for RPM’s Tremco CPG Inc. and is now part of Tremco Construction Products Group (Tremco CPG). The company reports that the Texas-based Fabrication Business is a leading wall system fabricator specializing in Metal Composite Material and Aluminum Composite Material panels and has annual net sales of approximately $20 million. Terms of the transaction were not disclosed, and NOW’s installation business was not part of the acquisition.

RPM/Tremco reports that the wall systems are manufactured offsite, and then installed at the building location, which offers customers improved efficiency, quality and construction times when compared to traditional methods. Additionally, the acquired wall systems are compatible with Tremco CPG’s building envelope systems and expand Tremco CPG’s offerings for those who want a metal panel facade.

“Panelized facade systems and other forms of offsite panelized construction are a rapidly growing segment within the construction industry and a key strategic focus for Tremco CPG,” stated Frank C. Sullivan, RPM chairman and CEO. “This acquisition will strengthen Tremco CPG’s value proposition of providing customers with compatible building envelope solutions that improve efficiency, extend building life and provide customized aesthetics.”

Source: RPM Int’l/Tremco CPG