March 4, 2010 (FinancialWire) — RPM International Inc. (NYSE: RPM) said that its Rust-Oleum Corp. unit has acquired Chemtec Chemicals BV, a manufacturer of industrial cleaners and specialty coatings based in the Netherlands.

Terms of the transaction, which RPM expects to be accretive to earnings within one year, were not disclosed.

Rotterdam-based Chemtec posted annual sales of around $6.0 million, according to RPM. Its primary products are specialty cleaners used for a range of exterior surfaces.

Chemtec also offers specialty, anti-slip and anti-graffiti coatings. They are predominantly sold directly to cleaning and painting contractors with the remainder through paint stores.

Ohio-based RPM International owns subsidiaries that offer specialty coatings, sealants, building materials and related services serving both industrial and consumer markets.

RPM’s industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals.

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