RPM’s Rust-Oleum subsidiary enhanced its position in Europe during fiscal 2007 through two acquisitions. The Watco Group, a $20 million manufacturer and marketer of coatings for industrial maintenance applications, based in Godalming, England, was acquired on July 25, 2006. Tor Coatings Limited, a $45 million specialty coatings producer based in Birtley, England, was purchased on March 1, 2007. Tor serves both consumer and industrial markets with leading brands including Tor, Blackfriars, Holdtite, Solignum, Ratcliffe and Macroplexx.

Fibergrate Gains Toe-Hold in India

The company’s Fibergrate subsidiary acquired a 14.99 percent interest in Kemrock Industries & Exports, Ltd. on September 14, 2006. Kemrock is a $30 million producer of fiberglass reinforced plastic (FRP) components based in Vadodara, Gujarat State, India. It produces certain FRP grating product lines for Fibergrate, which are used extensively in highly corrosive environments, such as offshore drilling platforms. Kemrock also markets its own line of FRP products, including sound-deadening barriers for highways and components for wind turbines.

The $20 million daylight fluorescent, phosphorescent and thermochromatic pigments business of The Dane Group was acquired by RPM’s Day-Glo unit on November 30, 2006. Based in Manchester, England, this business broadens Day-Glo’s market coverage in Europe and Asia.

Permaquik Corp., a $7 million supplier of high-performance waterproofing and green roof systems, joined the Tremco Global Sealants Division on November 1, 2006. Permaquik is based in Mississauga, Ontario, Canada.

Carboline Adds to Fireproofing and Marine Capabilities

On November 21, 2006, Carboline acquired St. Louis-based Nu-Chem, Inc. The $5 million line of intumescent fireproofing products protects exposed steel in various commercial, petrochemical and offshore markets. Subsequent to year end, Carboline purchased the $5 million marine and industrial coatings product line of Finnaren & Haley, based in Philadelphia. This addition, made on June 1, 2007, enhances Carboline’s rapid penetration of the marine coatings market in the U.S.