RPM Acquires Indoor Air Quality Services Business
MEDINA, Ohio – (BUSINESS WIRE)–RPM International Inc. (NYSE: RPM) today announced that Tremco Construction Products Group has acquired Pure Air Control Services, Inc., a provider of indoor air quality solutions. Headquartered in Clearwater, Florida, Pure Air has annual net sales of approximately $10 million. The terms of the transaction have not been disclosed.
Founded in 1984, Pure Air provides a full range of turnkey solutions to indoor air quality issues, including environmental consulting, building diagnostics and laboratory services, as well as hygienic cleaning and restoration of HVAC systems. The senior indoor air quality staff includes industrial hygienists, certified indoor environmental consultants, microbiologists and building remediation engineers. The company primarily serves government agencies, educational institutions, commercial properties, energy engineering companies and other mechanical contractors. Over its 37 years of existence, Pure Air has serviced more than 10,000 buildings covering a total area of 600 million square feet. Pure Air becomes part of Tremco Roofing and Building Maintenance affiliated construction services company Weatherproofing Technologies Inc.
“Pure Air represents a strategic and synergistic service-related business for Tremco Roofing and our Construction Products Group. Combined, these complementary companies have more horsepower to penetrate vertical markets,” said Frank C. Sullivan, chairman and CEO of RPM. “We look forward to working with Pure Air founder Alan Wozniak and his management team to rapidly scale the business by leveraging our North American sales force, strategic partnerships and operational infrastructure.”
RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company operates in four reportable segments: consumer products, construction products, performance coatings and specialty products. RPM has a diverse portfolio with hundreds of leading brands, including: Rust-Oleum, DAP, Zinsser, Varathane, Day-Glo, Brand legend, stonhard, Carbonine, Tremco and dryvit. From homes and workplaces to infrastructure and precious monuments, RPM’s brands are trusted by consumers and professionals alike to help build a better world. The company employs 15,500 people worldwide. Visit www.RPMinc.com learn more.
For more information, contact Russell L. Gordon, vice president and chief financial officer, at 330-273-5090 or [email protected]
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