Sika has acquired Emseal Joint Systems, Ltd., a US-based market leader in the development and manufacturing of structural expansion joint products for new construction and refurbishment. With the acquisition, Sika will be able to offer the most comprehensive range of sealing and bonding solutions available in the North American construction market. Emseal generates annual sales of CHF 40 million.
Based near Boston, Emseal is a well-established US company with a strong brand and a leading position with construction specifiers and contractors throughout North America. Emseal is a technology-driven company, with a reputation for high-quality products, excellent customer service and innovative solutions for structural expansion joint applications in buildings, stadiums, parking garages and infrastructure facilities. The acquisition perfectly complements Sika’s range of sealing and bonding products and offers extensive cross-selling opportunities for other Sika technologies. With manufacturing in Toronto, Canada, and Westborough, Massachusetts, Emseal is well-positioned geographically to supply the North American market.
Christoph Ganz, Regional Manager North America: “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. We are proud to welcome the successful team from Emseal into the Sika family and we are excited about growing our business together.”
Source: SIKA
Appointed Borealis CEO in 2021, Thomas has led key initiatives including the sale of the nitrogen business, acquisitions of Rialti Spa and Integra Plastics AD, and Borouge’s IPO. He also made the final investment decision for the Borouge 4 plant, set to be the world’s largest polyolefin complex.
The Chemours Co. today named interim CEO Denise Dignam as the company’s permanent CEO and president, as well as a member of the board of directors, effective immediately. Dignam has been interim CEO since late February, when former CEO Mark Newman was placed on leave due to an internal investigation.
Neste Corp. (Espoo, Finland) has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.