GRT Joins MAPEI Family

DEERFIELD BEACH, Fla.--()--MAPEI Americas is entering the concrete admixture market in the United States through the acquisition of General Resource Technology, Inc (GRT). GRT will follow its current operating structure, with GRT Vice President Travis Collins acting as General Manager of the subsidiary and reporting directly to MAPEI Americas President and CEO Luigi Di Geso. The company has two production sites – located in Minneapolis, Minnesota, and St. Louis, Missouri.

Established in 1937, MAPEI Group is a privately owned global corporation headquartered in Milan, Italy, with 70 subsidiaries including 64 plants in 31 countries. The company specializes in manufacturing chemical products for building, including waterproofing products, special mortars and admixtures for concrete, products for the restoration of ancient buildings, and special decorative and protective coatings for walls. In addition, MAPEI is today the world leader in the manufacturing of mortars, grouts, adhesives and complementary products for the installation of all types of floor and wall coverings.

Family-owned since it was founded in 1993, General Resource Technology markets concrete admixtures and auxiliary products for the concrete industry in the central United States. The company’s products are routinely used to produce high-performance concrete mixes that are called upon to perform in all weather conditions. GRT continually incorporates the latest product technology available in its efforts to meet customer needs and is focused on continuing the development of next-generation chemical admixture products.

“We are very excited about bringing GRT into the MAPEI family,” Di Geso said. “MAPEI Group has been in the admixture business for a long time globally, and GRT will certainly help us move forward in that market in the Americas.” By developing synergies with its own product lines, MAPEI expects to expand the GRT footprint east and west in the United States and eventually north into Canada and south into Mexico. “With the addition to our portfolio of an admixture manufacturer based in the Americas, the growth rate of our Concrete Systems category will increase even more quickly,” Di Geso added. “As our global Underground Tunneling Technology division expands, GRT will provide an important source of highly specialized products for this market as well.”

Collins emphasized the close fit between the two companies. “The success of GRT is dependent on our employees and the high level of reliable service they provide to our customers. When we first began talks, we felt very comfortable with the MAPEI philosophy. We feel that MAPEI will help us reach new heights as we all work together to grow the admixtures business into the future.”

Di Geso concluded, “With the acquisition of GRT, we achieve another milestone in our commitment to the Americas that MAPEI will be an important player in the concrete admixture market.”

About MAPEI in the Americas

The Americas are home to 25 MAPEI Group manufacturing and distribution facilities, plus the headquarters locations for MAPEI Corporation and Polyglass USA in Deerfield Beach, Florida. MAPEI is an environmentally conscious manufacturer – the company has been a member of the U.S. Green Building Council since 2001 and a member of the Canadian Green Building Council since 2008. MAPEI Americas is a registered provider to the AIA/CES program and also offers training related to ceramic and stone tile, floor coverings and concrete repair through the MAPEI Technical Institute. The majority of MAPEI Americas facilities are certified to the ISO 9001 Standard for Quality Management Systems. Visit www.mapei.com for technical data or call 1-800-42-MAPEI (1-800-426-2734) for the nearest location.

Contacts

MAPEI
Diane Choate, 954-618-9555
Corporate Communications

Mr. Luigi Di Geso, President and CEO of MAPEI Americas and Mr. Travis Collins, General Manager of GRT shake hands as acquisition is completed. (Photo: Business Wire)

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Release Summary

MAPEI acquires General Resources Technology, Inc., a concrete admixtures company in the U.S.

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Contacts

MAPEI
Diane Choate, 954-618-9555
Corporate Communications