RPM Signs Agreement to Acquire German EIFS Company

RPM International Inc. RPM announced today that its RPM Building Solutions Group (RPM BSG) has signed an agreement to acquire FEMA Farben + Putze GmbH (FEMA GmbH) of Ettlingen, Germany. FEMA GmbH, with annual sales of more than USD $40 million, is a leading manufacturer and supplier of External Insulating and Finishing Systems (EIFS) and complementary product lines to the German and French construction markets. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.