Sika Has Acquired DriTac

Baar, Switzerland, March 26, 2021-Sika AG has acquired the flooring-adhesives business of U.S.-based DriTac, reports MarketWatch.

“The Swiss chemicals company said the acquisition from the floorcovering company will strengthen its position in the U.S. market.

“The business generated sales of 20 million Swiss francs ($21.3 million) in 2020, Sika said.”

One week ago, Sika announced its intention to acquire Supermassa do Brasil Ltda, a mortar manufacturer which operates under the brand BR Massa in the Brazilian market.