XML 36 R28.htm IDEA: XBRL DOCUMENT v3.25.4
Subsequent Events
6 Months Ended
Nov. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

NOTE 18 — SUBSEQUENT EVENTS

SG&A-Focused Optimization Actions

Subsequent to November 30, 2025, we developed and began to implement SG&A-focused optimization actions designed to better align our cost and expense structure with current market demand. This will include reduction in headcount and other discretionary spending. We are still finalizing the total expected cost to implement these optimization actions, but we expect the cost to be at least $20.0 million.

Business Acquisition

Subsequent to November 30, 2025, RPM entered into a definitive agreement to acquire Kalzip GmbH ("Kalzip"), a global leader in the design and production of metal-based roofs and facades for building envelopes, which was announced on January 7, 2026. Kalzip generated net sales of approximately €75.0 million in calendar year 2024 and will be included in our CPG reportable segment. The transaction is expected to close in the fourth quarter of fiscal 2026, subject to customary closing conditions.