Sika acquire building envelope solution provider in US

Sika to acquire building envelope solution provider in US

9:37 AM, 15th December 2016

BAAR, SWITZERLAND: Sika AG has agreed to acquire Rmax Operating LLC, a US-based market leader in the production of polyiso insulation products, for complete building envelope solutions (roofing and wall systems).

The acquisition brings technology and know-how that will accelerate Sika’s growth and drive innovation in the North American market via the strong synergies between the companies. Rmax generated sales in excess of $75 million in 2016.

With headquarters in Dallas, Texas, Rmax has been a market leader in polyisocyanurate insulation technology for over 37 years. At its three strategic production locations (Dallas, Greer, and Fernley) Rmax produces insulation products and accessories that are highly regarded and widely specified for both commercial and residential wall and roof applications throughout the US.

In particular, its innovations in continuous insulation for better building envelopes are at the forefront of the industry and have many synergies with Sika technologies for walls and facades.

Currently, Sika USA purchases insulation products from third party suppliers to include in its solutions for roofing and building envelopes. With this acquisition, it will now be possible to benefit from in-house production.

“The acquisition of Rmax fits perfectly with Sika’s growth strategy in North America, further strengthening our already fast-growing building systems in roofing, sealants and waterproofing,” said Christoph Ganz, regional manager North America.

© Worldofchemicals News



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