M&A Deal Summary

Sika Acquires KVK Holding a.s.

On September 5, 2017, Sika acquired building materials company KVK Holding a.s. from Arx Equity Partners

Acquisition Highlights
  • This is Sika’s 13th transaction in the Building Materials sector.
  • This is Sika’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2017-09-05
Target KVK Holding a.s.
Sector Building Materials
Buyer(s) Sika
Sellers(s) Arx Equity Partners
Deal Type Add-on Acquisition

Target

KVK Holding a.s.

Prague, Czech Republic
KVK Holding a.s. is a manufacturer of waterproofing and roofing systems as well as a wide range of mortar products. KVK operates six production sites – three for the manufacture of mortar products, two for bituminous membranes and one for expanded polystyrene insulation (EPS ) for Building Envelope solutions.

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Buyer(S) 1

Buyer

Sika

Baar, Switzerland

Category Company
Founded 1910
Sector Chemicals
Employees33,998
Revenue 11.2B CHF (2023)
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 21 of 27
Sector (Building Materials) 13 of 14
Type (Add-on Acquisition) 21 of 27
Country (Czech Republic) 1 of 1
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-24 ABC Sealants

Istanbul, Turkey

ABC Sealants is a manufacturer of sealants and adhesives. ABC Sealants is a highly regarded brand in the Turkish building materials market with a strong presence in the distribution business. Based in Istanbul, the company runs a manufacturing facility producing a wide range of construction sealants and adhesives.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 FAIST ChemTec

Worms, Germany

FAIST ChemTec develops and manufactures effective acoustic products for reducing structureborne sound for the automotive industry and manufacturers of domestic appliances. FAIST ChemTec is based in Worms, Germany.

Buy -

Seller(S) 1

SELLER

Arx Equity Partners

Prague, Czech Republic

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Arx is an independent Central and Eastern European focused private equity firm. Arx seeks companies valued between €10 and €50 million. Funds are generally used to support later stage investments such as expansion financings, management buy-outs and buy-ins, and industry consolidations. Arx will consider opportunities across many industry sectors. Arx was formerly known as DBG Eastern Europe. Arx Equity Partners was formed in 1996 and based in Prague.


DEAL STATS #
Overall 10 of 16
Sector (Building Materials) 1 of 2
Type (Add-on Acquisition) 5 of 10
Country (Czech Republic) 3 of 7
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-22 Manag a.s.

Libis, Czech Republic

Manag a.s. is a company focused on design, manufacturing and assembly of electrical equipment, and related regulatory and control systems. The company is particularly strong in serving clients from refinery, chemical and pharmaceutical industries. Manag is also active in Slovakia through its local subsidiary.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-17 Lexum

Prague, Czech Republic

Lexum is a provider of general ophthalmology and refractive surgery through ten hospitals in the Czech Republic (Prague, Ceske Budejovice, Ostrava, Brno and Tabor) and Poland (Poznan, Krakow, Szczecin, Warsaw and Wroclaw). Working with over 40 surgical ophthalmologists, the business offers a full range of surgical expertise including cataract, glaucoma, retinal, corneal, AMD and cosmetic eye surgery. In 2012, Lexum crossed a historical milestone by performing its 150,000th surgery.

Sell -