RPM acquires TMP Convert to expand its decking and landscape product offerings
RPM announced the acquisition of TMPC. The French company, based in Simandre-sur-Suran, is a leading manufacturer of outdoor design and landscaping products. With annual net sales of approximately EUR 35 million, the acquisition will be integrated into RPM’s Fibergrate business, part of its Performance Coatings Group.
TMPC’s adjustable and fixed pedestals and accessories for flooring and roofing applications complement Fibergrate’s offerings, which include composite pedestals and decking solutions. Then company serves both professional and DIY end users, primarily focusing on the European market. Thierry Convert, president of TMPC, will continue to lead the existing management team and accelerate growth in collaboration with Bison and the Performance Coatings Group.
Strategic fit and sustainability
Frank C. Sullivan, RPM’s chairman and CEO, stated, “TMPC is a strong strategic fit with our Bison business, both from a product perspective and geographically. This acquisition will allow us to expand our offering of durable, easy-to-install, and low-maintenance products for decking and landscaping solutions in markets worldwide. Additionally, this acquisition advances our Building a Better World sustainability program, as TMPC uses recycled materials in the manufacturing of its products.”