MEDINA, Ohio—Specialty coating and sealant company RPM International Inc. of Medina has acquired civil engineering and construction group Applied Polymerics Inc. and Marketing Associates Inc. for an undisclosed amount, according to a news release.
It is the company's second acquisition this week, following the purchase of an Australian waterproofing products manufacturer.
According to the release, Mount Airy, N.C.-based API/MAI will be part of RPM's Universal Sealants (U.K.) Ltd. business in the Performance Coatings Group and will continue to be led by its existing management team. API/MAI makes, supplies and installs construction products such as bridge expansion joints and protective coatings. It has annual sales of about $14 million.