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SIKA acquires Adeplast - Romania's leading manufacturer of construction materials

Sector: Commercial • Location: Ploiești, Romania

Source: Highways Today

Project
Ongoing

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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The project “SIKA acquires Adeplast - Romania's leading manufacturer of construction materials” is an infrastructure initiative in the Commercial sector, located in Ploiești, Romania. Taiyo aggregates data on it from Highways Today.

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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.

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