SIKA acquires Adeplast - Romania's leading manufacturer of construction materials
Sector: Commercial • Location: Ploiești, Romania
Source: Highways Today
Sika has agreed to acquire Adeplast SA, a major manufacturer of mortars and thermal insulation solutions in Romania. The acquisition will significantly strengthen Sika’s position in the local construction chemicals market and extend its manufacturing footprint. Adeplast generates sales of CHF 120 million with a workforce of 460 employees. Adeplast is headquartered in Ploiești, 70 km north of Bucha
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Participants
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Company | Obfuscated Data |
Status
Original status | ongoing |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Sika has agreed to acquire Adeplast SA, a major manufacturer of mortars and thermal insulation solutions in Romania. The acquisition will significantly strengthen Sika’s position in the local construction chemicals market and extend its manufacturing footprint. Adeplast generates sales of CHF 120 million with a workforce of 460 employees. Adeplast is headquartered in Ploiești, 70 km north of Bucharest, and produces a wide range of building mortars as well as thermal insulation (EPS) for building envelope solutions. It operates four state-of-the-art production plants which provide a nationwide coverage of Romania and offers also the potential to serve neighboring countries. With the acquisition, Sika Romania will strengthen its product portfolio for the Target Market Building Finishing and gain access to Adeplast’s large, well-established network of distributors. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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