Atlanta, Georgia, USA 01 February 2017 -- Coldwater Group announced the acquisition of RPM Technologies, Inc. of Ludlow, MA effective February 1, 2017. RPM has been a leading supplier of drainage equipment and drainage process solutions for over 14 years with a product line that includes the patented Acu-Pulse and Acu-Step products. The Acu-Pulse™ Blade is the only adjustable pulse generating forming element of its kind offered to the paper industry. Its unique design allows for on-the- run adjustment which enables the papermaker to optimize from grade to grade without having to change blades. The Acu-Step™ Blade is a unique and proprietary blade design that allows for on-the-run accurate vertical adjustment of the blades surface to the elevation of the forming fabric. All RPM operations will be transitioned to Coldwater facilities in either Appleton, Wisconsin or Atlanta, Georgia.

David Withers, President of Coldwater, stated "the acquisition of RPM's innovative and value-driven drainage products and services makes Coldwater's industry leading drainage product line even stronger. This acquisition clearly gives Coldwater the most innovative and cost-effective drainage element solutions in the global paper industry. We are very excited to bring the people, products, and services of Coldwater and RPM together and we look forward to continuing our tradition and commitment of providing the most reliable innovations and services to the global paper industry."