Sector News

Sika to buy Romanian mortar maker Adeplast

November 26, 2019
Energy & Chemical Value Chain

Sika is buying Romanian mortar and thermal insulations company Adeplast, the Swiss construction chemicals maker said on Monday.

Adeplast generates sales of 120 million Swiss francs ($120.34 million)with a workforce of 460 employees, said Sika, which did not disclose how much it was paying for the business. ($1 = 0.9972 Swiss francs)

By John Revill

Source: Reuters

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