Switzerland headquartered speciality chemical company for building and motor vehicle supplies, Sika has acquired US-based Emseal Joint Systems Ltd. With the latest acquisition, Sika can now offer a comprehensive range of sealing and bonding solutions available in the North American construction market. Emseal is in the development and manufacturing of structural expansion joint products for new construction and refurbishment and generates annual sales of over US$ 40 million.
Christoph Ganz, Regional Manager North America, said, “The acquisition of Emseal fits perfectly with our growth strategy in North America, enabling Sika to reach new contractor customers and better penetrate key projects. We see significant synergies coming from the combined technologies and product ranges of Sika and Emseal.”
The acquisition complements Sika’s range of sealing and bonding products and offers cross-selling opportunities for other Sika technologies. Emseal has manufacturing units in Toronto, Canada, and Westborough, Massachusetts making it well-positioned geographically to supply the North American market.