Sika acquires stake in Concria Oy
Baar ZG - Sika übernimmt 30 Prozent von Concria Oy, einem finnischen Hersteller für innovative Betonböden. In der Beteiligung sieht Sika eine attraktive Wachstumsplattform, vor allem in Nordeuropa.
Sika, the Baar-based specialty chemicals company for the construction sector, has decided to acquire a 30 percent stake in the Finnish start-up Concria Oy. According to a press release, the Finnish company offers innovative solutions for concrete floors. These floor coverings are designed to offer construction companies, architects and property owners a wide range of benefits. According to the press release, Concria offers a new concept for laying and polishing concrete floors that incorporates special hard aggregates and special tools for grinding and polishing. This allows high-quality, particularly durable and decorative floors to be laid quickly and efficiently.
“With our investment in Concria, we are investing in an interesting, innovative technology for the production of floor coverings,” said Ivo Schädler, Head of Engineering at Sika, in the press release. “Our global production and sales teams will facilitate the production and marketing of the technology worldwide. At the same time, this launch will promote the sale of Sika products that complement Concria’s offering. We look forward to a successful collaboration with the Concria team.”
Sika expects the expansion to provide an attractive growth platform. The company is present in 103 countries worldwide with 33,000 employees. Sika generated sales of 10.5 billion Swiss francs in 2022.