Sika

We are pleased to announce that Sika has agreed to acquire a leading manufacturer of tile setting materials, operating under the umbrella brand Chema in Peru. The acquisition strengthens Sika’s position in the fast-growing mortar market, providing major cross-selling opportunities, increased presence in the distribution channel and significantly extends Sika’s manufacturing footprint. In 2022, the business to be acquired generated sales of CHF 50 million.

To view the media release, please visit: http://spkl.io/60444cQN6

#Sika #acquisition #ChemaPeru #tilesettingmaterials #construction