RPM Acquires Raised Flooring Systems Manufacturer

RPM International Inc. announced that its Fibergrate Composite Structures Inc. business has acquired Bison Innovative Products, a leading manufacturer of raised flooring systems. Headquartered in Denver, Colorado, Bison has annual net sales of approximately $26 million. Terms of the transaction, which is expected to grow the earnings within one year, were not disclosed.
Bison’s flooring systems consist of adjustable polypropylene pedestals that support tiles with architectural finishes such as wood, stone or artificial turf. Its products are used for rooftop decks, plazas, terraces, pop-up-parks and other architectural features requiring maintenance-free pedestals and low maintenance deck surfaces. The company’s products are manufactured in the U.S. and distributed across North America. Bison will become part of RPM’s Fibergrate business, which is a global manufacturer of fiberglass-reinforced plastic solutions for industrial and commercial applications.
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