Sika Acquires Sable Marco Inc. in Canada

Sika Canada, a wholly owned subsidiary of the Sika Group, recently concluded the acquisition of Sable Marco Inc, a manufacturer of cementitious materials and mortars based in Pont-Rouge near Quebec City. This new acquisition will open up new opportunities for Sika in the Eastern Canada region and will improve Sika's access to the retail distribution channel.

Sable Marco has built up a strong presence in the distribution channel and an excellent relationship with major national and regional building material stores and DYI retail chains. The customer base is highly complementary to Sika’s and the acquisitions will enable Sika to develop relationships with new high potential customers. With the acquisition, Sika Canada will expand its penetration with big boxes, home centers, and builders merchants’.

Sika Group (SWX:SIKA) is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. The group has subsidiaries in 101 countries around the world, manufactures in over 300 factories and employs 25,000 people worldwide.

BCF is proud to have represented Sika in this transaction with a team composed of Gilles Seguin, Jean-Christophe Imbeau and Thomas Champagne (M&A), Anne-Frédérique Bourret and Isabelle Landry (Environment & Municipal Law), Nancy Boyle, Kevin Vincelette and Stefania Fratianni (Labor & Employment Law), Eleonora Eusepi and Alessia Talarico (Real Estate Law) and Richard Epstein (Competition Law & Foreign Investments).

To read the press release, click here.