MEDINA, OH -- RPM International Inc. has acquired Viapol Ltda. (Viapol), a leading Brazilian manufacturer and marketer of building materials and construction products. Based in Cacapava, Brazil, near Sao Paulo, Viapol has annual sales of approximately $85 million. Terms of the transaction, which is expected to be accretive to earnings after year one, were not disclosed.
Viapol, which was founded in 1990, will become part of The Euclid Chemical Group, a unit of RPM's Building Solutions Group that serves construction and rehabilitation markets worldwide. Viapol's products are brand leaders in the Brazilian market and include rolled asphalt roofing materials, waterproofing products, concrete admixtures, industrial epoxy flooring systems, structural recovery products, and retail paints, varnishes and stains. The company has more than 300 employees, nearly 125 independent sales representatives and two ISO 9000-certified manufacturing facilities in Brazil.