Sika builds waterproofing product portfolio with United Gilsonite deal

Sources: Sika AG, Baar, Switzerland; CP staff The parent company of Sika Corp. has acquired United Gilsonite Laboratories (UGL), calling it a long-standing business with a strong presence in the distribution channel for consumer and do-it-yourself products, and a “perfect complement to Sika’s high value-added systems for concrete and masonry waterproofing and refurbishment.” 

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Sika confirms MBCC Group takeover progress

Sources: Sika AG, Baar, Switzerland; CP staff The Swiss parent company of Sika Corp., Lyndhurst, N.J., expresses confidence in the prospects for a second half closing on Master Builders Solutions owner, MBCC Group, based in Mannheim, Germany with an Americas headquarters in Cleveland. The companies announced their nearly $6 billion merger plan late last year, subject to approval by regulators…

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Sika ramps up support for premier 3D printing system adopter

Source: Sika Corp., Lyndhurst, N.J. Sika Executive Vice President – Concrete & Waterproofing Kyle Loyd has added two members to the 3D Concrete Printing team he leads: Marketing Coordinator Lyndsay Castle, managing sales and support activities, and Process Engineer Noah Callantine, overseeing field service and program improvements. Most immediately, they will assist West Jordan, Utah-based Pikus3D LLC, the first adopter…

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Low carbon LC3 binder steers Sika’s next admixture chapter

Sources: Sika AG, Baar, Switzerland; CP staff The Swiss parent company of New Jersey-based Sika Corp. will tailor a new family of concrete admixtures and cement additives around the chemistry and behavior of an emerging binder known as LC3, or Limestone Calcined Clay Cement. Through work with Sika AG and peers, Swiss Federal Institute of Technology officials view the material…

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Butterfield, Scofield product lines unite under SikaColor

Sources: Sika Corp., Lyndhurst, N.J.; CP staff A merging of businesses Sika Corp. acquired in 2016 and 2017, Butterfield Color and L.M. Scofield Co., creates a decorative concrete products line harmonized under SikaColor, SikaCem and SikaStamp. The brands span antiquing and release agents; architectural formliners; color hardeners; flatwork or slab overlays; countertop mixes; cures and seals; integral color; patterns and…

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Sika senses QC measures through mixer drum hatch lens

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

A partnership with Connecticut-based CiDRA Concrete Systems positions Sika Corp. to offer ready mixed producers the drum-mounted, sensor-laden SMARThatch, which provides air, temperature, material volume, revolution counter and hydraulic pressure slump correlation data on in-cab display or cloud-based dashboard. 

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Sika, celebrity architect BIG team on 3D printing demonstration

Sources: Sika AG, Baar, Switzerland; CP staff

The parent of Sika Corp. is partnering with one of the world’s top architects, Bjarke Ingels Group (BIG), to showcase 3D concrete printing capabilities at the “Formgiving” Exhibition in Copenhagen, Denmark. Running through January 2020 in the architect’s home base, the exhibition focuses on the future of construction and how it shapes the planet. 

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Sika loads mortar volume in $2.5 billion Parex deal

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The Swiss parent of New Jersey-based admixture and construction products supplier Sika Corp. projects a second or third quarter closing on Parex, a key player in façade, technical and waterproofing mortars, plus tile adhesives. Sika AG will acquire the business, which reported 2018 sales of $1.1 billion, from a fund of CVC, a global private equity and investment advisory firm.

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Sika bulks up mortar volume in $2.5 billion deal for Parex

Sources: Sika AG, Baar, Switzerland; CP staff

The Swiss parent of New Jersey-based admixture and construction products supplier Sika Corp. projects a second or third quarter closing on Parex, a key player in facade, technical and waterproofing mortars, plus tile adhesives. Sika AG will acquire the business, which reported 2018 sales of $1.1 billion, from a fund of CVC, a global private equity and investment advisory firm.  

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