MEDINA, US: RPM International Inc (RPM) has acquired Prime Resins Inc, to be part of its USL Group. Prime Resins is a manufacturer of speciality chemicals and equipment for infrastructure construction and repair. Headquartered in Conyers, Georgia, Prime Resins has annual net sales of approximately $7 million.
Prime Resins' product line includes a broad range of polyurethane and epoxy grouts, foams, adhesives and coatings. They have primarily used for leak sealing, concrete structural repair, slab lifting and soil stabilisation. Product applications include highways, roads, bridges, airport runways, sewage systems and retaining walls.
The USL Group is comprised of several business units that provide a wide array of coatings, products and services for infrastructure projects, including bridges, roadways and car parks. It is based in the UK and has operations across Europe, Asia, the Middle East and US.
"Prime Resins will operate within our USL Group of companies and will continue to be led by its founder and president, David Barton. We intend to drive its top-line growth by leveraging the Prime Resins sales force to bring more of USL's differentiated product technologies to the US infrastructure market. At the same time, we will improve its bottom line through access to RPM's raw materials purchasing network,” said Frank Sullivan, RPM chairman and CEO.
Read More: RPM acquires speciality chemicals manufacturer in US
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