8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) October 31, 2017

GCP APPLIED TECHNOLOGIES INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

1-37533	47-3936076
(Commission File Number)	(IRS Employer Identification No.)

62 Whittemore Avenue
Cambridge, Massachusetts	02140
(Address of Principal Executive Offices)	(Zip Code)

(617) 876-1400

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 7.01. Regulation FD Disclosure.

On October 31, 2017, the Company issued a press release announcing that it has acquired Ductilcrete Technologies ("Ductilcrete"), a technology leader for concrete flooring systems. A copy of the press release is furnished as exhibit 99.1 to this Current Report and incorporated herein by reference.

Item 9.01.    Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description of Exhibit
99.1	Press release issued by GCP Applied Technologies Inc. dated October 31, 2017.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed by the undersigned, thereunto duly authorized.

		GCP APPLIED TECHNOLOGIES INC.
		(Registrant)
	By	/s/ John W. Kapples
		John W. Kapples
		Vice President and General Counsel
Dated: October 31, 2017

EXHIBIT INDEX

Exhibit No.	Description of Exhibit
99.1	Press release issued by GCP Applied Technologies Inc. dated October 31, 2017.

EX-99.1

Exhibit 99.1

GCP Applied Technologies Acquires Ductilcrete Holdings, LLC

Commercial Flooring Technology Expands Engineered Systems Offering

Cambridge, MA, Oct 31, 2017 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE:GCP) announced today that it has completed the acquisition of Schaumburg, Illinois-based Ductilcrete Technologies (“Ductilcrete”), a technology leader for concrete flooring systems, for $32 million.

Ductilcrete is best known for its patented technology which enables the placement and long-term performance of smooth and level floors, a necessity in modern industrial and commercial buildings. The flooring system provides customers with more sustainable, cost-effective, low-maintenance surfaces with a higher load-bearing capacity than traditional construction. Since it commenced operations in 2012, Ductilcrete has completed over 400 projects and placed over 125 million square feet of flooring using its system. Ductilcrete’s management team members, led by founder Greg Scurto, are expected to continue in their roles to grow the Ductilcrete business within GCP.

“This acquisition aligns with our strategic plan for the continued expansion of our technology platform with new product categories and engineered systems for an even wider range of customers,” said GCP President and Chief Executive Officer Gregory E. Poling. “Our concrete materials expertise combined with our deep understanding of the specifier, developer and owner will create new opportunities and accelerate the penetration of this system.”

GCP expanded its range of products for flooring last year with the acquisition of the KOVARA^TM moisture barrier flooring membrane (formerly known as VERSASHIELD^®). The Ductilcrete engineered floor system complements GCP’s existing flooring solutions, which include shrinkage-reducing admixtures and fibers, as well as its expertise in the specification and engineering of concrete materials and technologies. Ductilcrete’s system is installed by its network of licensed contractors, and the system offers labor and time savings while providing customers with higher quality flat floors.

“GCP professionals bring together our industry-leading products, technology, service, and expertise from all areas of the Company to support engineering teams through the full span of a project,” said Rick Mihevc, GCP’s Sales Director, Design Advantage. “The Ductilcrete acquisition reflects our commitment to support customers with innovative, market-leading, and integrated solutions.”

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About GCP Applied Technologies

GCP is a leading global provider of construction products technologies that include additives for cement and concrete, the Verifi^® in-transit concrete management system, high-performance waterproofing products, and specialty systems. GCP products have been used to build some of the world’s most renowned structures. More information is available at www.gcpat.com.

This announcement contains “forward-looking statements,” that is, information related to future, not past, events. Such statements generally include the words “believes,” “plans,” “intends,” “targets,” “will,” “expects,” “suggests,” “anticipates,” “outlook,” “continues,” or similar expressions. Forward-looking statements include, without limitation, statements about expected financial positions; results of operations; cash flows; financing plans; business strategy; operating plans; capital and other expenditures; competitive positions; growth opportunities for existing products; benefits from new technology and cost reduction initiatives, plans and objectives; and markets for securities. Like other businesses, GCP is subject to risks and uncertainties that could cause its actual results to differ materially from its projections or that could cause other forward-looking statements to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements, or that could cause other forward-looking statements to prove incorrect, include, without limitation, risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; uncertainties related to GCP’s ability to realize the anticipated benefits of the spin-off /separation from W.R. Grace and the value of GCP’s common stock following the spin-off; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel following the spin-off; and hazardous materials and the costs of compliance with environmental regulation. These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K, which has been filed with the U.S. Securities and Exchange Commission and is available online at www.sec.gov. Readers are cautioned not to place undue reliance on GCP’s projections and forward-looking statements, which speak only as the date thereof. GCP undertakes no obligation to publicly release any revision to the projections and forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

Media Relations

Paul Keeffe

+1 617.498.4461

mediainfo@gcpat.com

Investor Relations

Joe DeCristofaro

+1 617.498.2616

investors@gcpat.com