SIKA AG

Sika acquires mortar manufacturer in Brazil

Sika has agreed to acquire Supermassa do Brasil Ltda, a mortar manufacturer which operates under the brand BR Massa in the Brazilian market. The acquisition will enhance Sika’s position in the region of Minas Gerais, one of the strongest economic regions in Brazil, and complement the production footprint. The transaction is subject to clearance by the local anti-trust authorities.

The company holds a key market position in the region of Minas Gerais, mainly offering tile setting materials and facade mortars. BR Massa is a well-known local brand with a strong presence in the distribution channel. It will provide Sika with improved access to builders’ merchants and specialized dealers and lead to attractive cross-selling opportunities for Sika’s products through these channels. The acquisition complements the production footprint with a mortar manufacturing facility in a region where Sika has not previously had its own plant.

www.sika.com

x

Related articles:

Issue 2019-7-8 SIKA AG

Sika completes acquisition of Parex

Sika has completed the acquisition of Parex on 23.05.2019. The deal was announced on 08.01.2019. With annual sales of CHF 1.2 billion, Parex is a leading mortar manufacturer with an impressive track...

more
Issue 2021-2 SIKA AG

Sika acquires mortar manufacturer in Russia

Sika has agreed to acquire Kreps LLC, a leading mortar manufacturer in Russia. The company offers a wide range of mortar products for interior and exterior finishing, complementing the existing...

more
Issue 2015-4 USA

Sika takes over mortar ­manufacturer BMI in California

Sika AG of Baar/Switzerland is continuing its global acquisition strategy in the mortar industry by taking over BMI Products of Northern California Inc., headquartered in Milpitas (near San Francisco,...

more
Issue 2016-12 SIKA AG

Sika has agreed to acquire a leading ­mortar manufacturer in Hong Kong

Sika has agreed to acquire Ronacrete (Far East) Ltd., one of the leading suppliers of repair mortars, tile adhesives and other mortar products in Hong Kong. This acquisition is in line with the global...

more
SIKA AG

Sika acquires leading manufacturer of waterproofing systems and mortars in the Czech Republic

Sika has agreed to acquire KVK Holding a.s, headquartered in Prague/Czech Republic, a leading manufacturer of waterproofing and roofing systems as well as a wide range of mortar products. KVK...

more