Sika recently announced that it has agreed to acquire Adeplast SA, a manufacturer of mortars and thermal insulation solutions based in Romania. Sika reports that the acquisition will significantly strengthen its position in the local construction chemicals market and extend its manufacturing footprint. The transaction is subject to clearance by anti-trust authorities.

Adeplast reportedly generates annual sales of CHF 120 million (approximately $121.3 million) with a workforce of 460 employees. The company is headquartered in Ploiești and produces a wide range of building mortars, as well as thermal insulation (EPS) for building envelope solutions. It operates four state-of-the-art production plants that provide a nationwide coverage of Romania and the potential to serve neighboring countries. According to Sika, the strategically located facilities will enable it to realize efficiency gains in logistics and warehousing.