M&A Deal Summary

Sika Acquires Ronacrete

On October 18, 2016, Sika acquired building materials company Ronacrete

Acquisition Highlights
  • This is Sika’s 9th transaction in the Building Materials sector.
  • This is Sika’s 1st transaction in China.

M&A Deal Summary

Date 2016-10-18
Target Ronacrete
Sector Building Materials
Buyer(s) Sika
Deal Type Add-on Acquisition

Target

Ronacrete

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

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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 17 of 28
Sector: Building Materials M&A 9 of 15
Type: Add-on Acquisition M&A Deals 17 of 28
Country: China M&A 1 of 1
Year: 2016 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 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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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Rmax Operating

Dallas, Texas, United States

Rmax Operating LLC engages in the production of polyiso insulation products for complete Building Envelope solutions (roofing and wall systems). Rmax has been a market leader in polyisocyanurate insulation technology for over 37 years. At its three strategic production locations (Dallas, Texas; Greer, South Carolina; and Fernley, Nevada) Rmax produces insulation products and accessories that are highly regarded and widely specified for both commerical and residential wall and roof applications throughout the US

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