RPM acquires Touch 'N Foam brand

MEDINA, Ohio—RPM International Inc. has acquired the foam division of Clayton Corp., best known for its consumer polyurethane foam brand Touch 'N Foam, as part of its DAP business.

Based near St. Louis, Clayton's foam division has annual net sales of about $60 million, RPM said in a Jan. 3 news release. Terms of the transaction were not disclosed.

"The addition of Touch 'N Foam polyurethane expands DAP's product coverage while providing a cost-effective U.S. manufacturing and technology platform," Frank C. Sullivan, RPM chairman and CEO, said in a Jan. 3 news release. "We intend to harness DAP's category management and marketing expertise to improve Touch 'N Foam's placement and market impact. At the same time, we will leverage the Touch 'N Foam sales organization to aggressively market DAP core products into new channels and accounts."

The division markets two low-pressure, spray polyurethane foam brands—Touch 'N Foam targets the consumer do-it-yourself market and Touch 'N Seal for the professional industrial market. The foams are used around homes, buildings and other structures to eliminate air leaks and drafts, seal gaps and cracks, and insulate against the elements, RPM said.

Both brands primarily serve the North American market. RPM's current DAP product portfolio includes caulks and sealants, construction adhesives, general purpose adhesives, and other patch and repair products.

RPM owns subsidiaries that are leaders in the specialty coatings, sealants, building materials and related services across three segments. Portfolio companies include Stonhard, Tremco, Illbruck, Carboline, Flowcrete, Euclid Chemical and RPM Belgium Vandex.