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Sika Acquires U.S. Waterproofing Materials Firm

10:12 PM MDT | July 1, 2010 | Deepti Ramesh

Sika (Baar, Switzerland) says its Sika Corp. (Lyndhurst, NJ) subsidiary has acquired Greenstreak (St. Louis, MO), a company that manufactures products for the construction industry, including engineered waterstops and joint seals, doweling systems, architectural form liners, pipeline protections, and a range of forming accessories. The acquisition will strengthen its leadership position in the North American construction industry, particularly in the area of engineered waterproofing, Sika says. Financial details of the deal were not disclosed. Greenstreak has...

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