RPM International buys U.K. foam tape maker

RPM International Inc. is sticking to its acquisition strategy and expanding its European presence.
The Medina company, whose subsidiaries make coatings, adhesives and related products, now has a foam tape maker from Great Britain in its portfolio.
RPM has acquired Adhere Industrial Tapes Ltd. to be part of its tremco illbruck business group.
Adhere, based in Colchester, U.K., makes single- and double-sided foam tapes used in construction and industrial applications. The company has annual net sales of approximately $6 million.
Sale terms were not disclosed.
“Our tremco illbruck business has an extensive sales force and marketing resources that will help Adhere expand within the U.K. construction and industrial sectors and into other European markets as well,” Frank C. Sullivan, RPM chairman and chief executive officer, said in a statement.