King Package Materials deal deepens Sika Canada portfolio

Sources: Sika Corp., Lyndhurst, N.J.; CP staff

The latest additions to Sika AG’s North American operations are King Packaged Materials Co., a large independent Canadian producer of dry shotcrete, grouts, mortars and concrete solutions, and sister business King Shotcrete Equipment Inc.—both under KPM Industries Inc., Oakville, Ontario. The acquisitions expand the geographical footprint of Quebec-based Sika Canada and improve its growth potential in home improvement, construction, mining and tunneling markets.

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