RPM Acquires Leading U.S. Manufacturer of Concrete Care Coatings and Sealants


MEDINA, Ohio – RPM International Inc. (NYSE: RPM) today announced that its Rust-Oleum Corporation subsidiary has acquired Seal-Krete, a leading U.S. manufacturer of concrete care coatings and sealants for the retail market with annual net sales in excess of $10 million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.



Seal-Krete, formerly a division of Clayton Valve, manufactures a complete line of priming, painting, sealing and finishing products for maintaining and decorating concrete, masonry, brick and pavers. Its products are sold primarily through home improvement centers, as well as through independent hardware and paint stores. Among its leading brands are Seal-Krete® Original, Damplock®, Epoxy-Seal and Clear-Seal.



"The acquisition of Seal-Krete expands Rust-Oleum's range of concrete care products. Complementing our existing EpoxyShield and RockSolid lines, Seal-Krete will allow us to offer a complete one-stop-shop for concrete care," stated Frank C. Sullivan, RPM chairman and chief executive officer. "We expect to grow Seal-Krete by leveraging its products across the Rust-Oleum distribution network."



About RPM

RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services across three segments. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and other construction chemicals. Industrial companies include Stonhard, Tremco, illbruck, Carboline, Flowcrete, and Euclid Chemical. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement and by hobbyists. Consumer brands include Rust-Oleum, DAP, Zinsser, Varathane and Testors. RPM's specialty products include industrial cleaners, colorants, exterior finishes, specialty OEM coatings, edible coatings, restoration services equipment and specialty glazes for the pharmaceutical and food industries. Specialty segment companies include Day-Glo, Dryvit, RPM Wood Finishes, Mantrose-Haeuser, RPM Belgium, Legend Brands, Kop-Coat, and TCI. Additional details can be found at www.rpminc.com.



For more information, contact Barry M. Slifstein, vice president - investor relations, at 330-273-5090 or bslifstein@rpminc.com.



SOURCE RPM International Inc.



Web Site: http://www.rpminc.com  

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