Sika acquires concrete fibre manufacturer in US

Sika acquires concrete fibre manufacturer in US

9:03 AM, 2nd September 2016
Sika acquires concrete fibre manufacturer in US

BAAR, SWITZERLAND: Sika AG has acquired FRC Industries, a fibre manufacturer based in Tuscaloosa, US. The company offers a full line of high-quality synthetic polypropylene and steel fibres for concrete. This acquisition will accelerate growth in the US and further establish Sika as a comprehensive supplier of solutions for the construction industry.

The market growth for concrete fibres in the US is outpacing overall construction growth as the trend is moving towards structural fibres for reinforcement.

The concrete fibres of FRC Industries and the concrete colour additives of LM Scofield, a company acquired earlier this year, perfectly fit into Sika’s full range of concrete admixtures and allow Sika USA to offer a comprehensive portfolio of concrete additives. The expanded product offering will enable Sika to reach new customers and better penetrate key projects.

“The acquisition of FRC Industries is a welcome addition to our business and will support the continued growth in line with our Strategy 2018. We are proud to welcome FRC’s employees into the Sika team and we are excited about growing our businesses together,” said Christoph Ganz, regional manager, Sika North America.

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