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Sika Acquires Canadian Company

1:37 PM MST | December 8, 2011 | Deepti Ramesh

Sika (Baar, Switzerland) says that its Sika Canada (Pointe-Claire, Canada) subsidiary has acquired Duochem (Boucherville, Canada), a privately owned company that develops, manufactures and sells polymer flooring and waterproofing products for the construction industry. Financial details of the deal were not disclosed. Duochem has annual sales of about SF9 million ($10 million), Sika says. The acquisition will enable Sika to further strengthen its market position and penetration in the region as well as to improve its logistics and service capabilities. Duochem...

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