M&A Deal Summary

Sika Acquires FRC Industries

On September 1, 2016, Sika acquired building materials company FRC Industries

Acquisition Highlights
  • This is Sika’s 8th transaction in the Building Materials sector.
  • This is Sika’s 5th transaction in the United States.
  • This is Sika’s 1st transaction in Alabama.

M&A Deal Summary

Date 2016-09-01
Target FRC Industries
Sector Building Materials
Buyer(s) Sika
Deal Type Add-on Acquisition

Target

FRC Industries

Tuscloosa, Alabama, United States
FRC Industries, Inc. is a producer of quality synthetic polypropylene fibers for concrete. FRC Industries, Inc. was established in 2001 and is headquartered in Tuscloosa, Alabama.

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Buyer(S) 1

Buyer

Sika

Baar, Switzerland

Category Company
Founded 1910
Sector Chemicals
Employees33,998
Revenue 11.8B CHF (2024)
DESCRIPTION

Sika is a manufacturer of speciality chemicals for construction and industry. Information about divisions and products, technologies and stock performance. Sika was founded in 1910 and is based in Baar, Switzerland.


DEAL STATS #
Overall 16 of 28
Sector: Building Materials M&A 8 of 15
Type: Add-on Acquisition M&A Deals 16 of 28
State: Alabama M&A 1 of 1
Country: United States M&A 5 of 7
Year: 2016 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 L. M. Scofield Co.

Los Angeles, California, United States

L. M. Scofield Co. is a provider in the production of concrete color additives for ready-mixed concrete, along with decorative products and treatments for concrete refurbishment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-18 Ronacrete

Hong Kong, China

Ronacrete (Far East) Ltd. is a manufacturer of repair mortars, tile adhesives and other specialty products for the construction industry.

Buy -