BAAR, SWITZERLAND: Sika AG has acquired Butterfield Color Inc, a US-based market leader in the production of decorative concrete floor products and systems. This acquisition will accelerate Sika's growth by bringing the most comprehensive range of solutions for concrete contractors in the North American construction market.
Based near Chicago, Butterfield is a well-established, family-owned company with a strong brand and reputation serving contractor customers nationwide. Butterfield's impressive line of colours and sealers, plus innovative tools for stamping and texturing, has been growing with strong momentum for many years.
Last year Sika acquired LM Scofield, the market leader in architectural specifications and a leading supplier of coloured and decorative concrete. Acquiring Butterfield now adds an unmatched contractor presence and, combined with Scofield, establishes Sika as the clear market leader in this fast-growing market.
"The acquisition of Butterfield fits perfectly with our growth strategy in North America, enabling us to reach new contractor customers and better penetrate key projects. We see great synergies coming from the combined technologies of Sika, Scofield, and now Butterfield. We are proud to welcome Butterfield's employees into the Sika team and we are excited about growing our business together," said Christoph Ganz, regional manager North America, Sika.
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