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Sika Set to Acquire Leading Romanian EPS and Mortar Manufacturer

Posted on 2/4/2020 8:04:28 AM By ASC
  

Sika plans to add Romanian mortar and thermal insulation company Adeplast SA to its stable. According to Sika, the Romanian company and its four production plants will strengthen and extend its position in the southeast European country as well as benefit it in terms of efficiency, warehousing and logistics.

Known for its production of chemicals aimed at building envelope solutions, Adeplast with its workforce of 460 employees, currently dominates the local expanded polystyrene (EPS) and mortar markets in the southeastern European country with annual sales reportedly generating CHF 120 million (or around $121.3 million).

Sika reports that, with its headquarters in Ploiești, Adeplast has spread its production to four strategically-situated and cutting edge plants which allow for easy distribution throughout Romania and into neighbouring countries.



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