Sika acquires Romanian manufacturer of construction materials
The acquisition will significantly strengthen Sika’s position in the local construction chemicals market and extend its manufacturing footprint. Adeplast generates sales of EUR 109 million with a workforce of 460 employees. The transaction is subject to clearance by anti-trust authorities.
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
Due to their strategic location, the plants enable Sika not only to increase efficiency in logistics and warehousing, but also to achieve short delivery times and greater product availability. With the acquisition, Sika Romania will strengthen its product portfolio for the Target Market Building Finishing and gain access to Adeplast’s network of distributors.