RPM International acquires Expanko

HomeNewsRPM International acquires Expanko

Medina, Ohio—RPM International announced its Performance Coatings Group has acquired Expanko, a producer of terrazzo tile under the FritzTile brand, as well as cork, rubber and rubber/cork floor tiles, primarily for the education, healthcare, hospitality and sports/entertainment commercial markets.

 Headquartered in Exton, Pa., with manufacturing in Mesquite, Tex., Expanko has annual sales of more than $12 million.
Terms of the transaction were not disclosed.

Expanko will operate as a stand-alone business within PCG and will continue to be led by one of its two owners, Randy Gillespie, and his current management team.
RPM International, a holding company, owns subsidiaries that make specialty coatings, sealants, building materials and related services serving both industrial and consumer markets.

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