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September 12, 2018 Updated 9/12/2018

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Crain’s Akron Business

Nudura Corp. Nudura uses cream and accurate to accomplish bank systems that are stronger and added activity able than acceptable walls.

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Medina, Ohio-based RPM International Inc. has acquired Barrie, Ontario-based Nudura Corp., a maker of architecture bank systems that use broadcast polystyrene and concrete.

Terms of the auction were not disclosed.

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Nudura has anniversary sales of about $40 actor and the transaction should be accretive to balance aural a year, RPM said in announcement the acquisition.

Nudura’s arch articles are bank systems fabricated of artificial cream and concrete. RPM says the systems, accepted as careful accurate forms (ICFs), are a advance breadth in the architecture abstracts market.

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“A alcove and arising artefact in the architecture abstracts industry, ICFs accommodate added activity ability and above insulation, as able-bodied as greater attrition to fire, hurricanes, earthquakes and flooding, compared to acceptable architecture methods,” RPM said a account release.

Nudura will accomplish aural the RPM Specialty Articles Group as a stand-alone operating assemblage of RPM’s Dryvit business, the aggregation said. RPM touts Dryvit as “the arch architect of exoteric insulation and accomplishment systems (EIFS) in North America.”

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The accord isn’t acceptable to move the aggravate abundant at RPM, which has $5.3 billion in anniversary sales from a bulk of architecture and accompanying specialty products. But Nudura is a abundant accession to Dryvit, said RPM CEO Frank Sullivan in announcement the deal.

“Nudura is an accomplished cardinal fit that offers several key aggressive advantages for Dryvit. Its artefact band will accompaniment and aggrandize Dryvit’s absolute artefact offering, acceptance for added cross-selling opportunities,” Sullivan said in the release.

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