News from Sika regarding its acquisition of Hydrotech drew a significant amount of reader attention last week (Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition): “Sika recently announced that it has acquired American Hydrotech Inc. in the U.S. and its affiliate Hydrotech Membrane Corp. in Canada. Hydrotech manufactures liquid membranes and provides full-system roofing and waterproofing solutions. The acquisition reportedly strengthens Sika’s roofing and waterproofing portfolio while complementing the company’s sustainability focus. In 2020, the acquired company generated sales of CHF 83 million (approximately $90.2 million).
“For more than 44 years, Hydrotech’s solutions have been specified by architects and design professionals. As more building rooftops are transformed into valuable leisure space, the company’s garden roof systems are reportedly growing rapidly. Hydrotech also brings a strong market position in the waterproofing of plaza decks and foundations. The company offers products containing post-consumer recycled material (e.g, membranes use 40% recycled materials).”
Are you up to date on all of the latest industry acquisitions? Subscribe to the weekly ASI eNews, and we’ll deliver all of the news directly to you!
Top 5 News that Sticks for July 25-31
- Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition
- DuPont Completes Laird Performance Materials Acquisition
- Sales Climb 11% for RPM in Fiscal 2021
- Elkem Sees Record Sales in 2021 Second Quarter
- H.B. Fuller and Covestro Join Forces to Make Adhesives More Sustainable
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.
News from Sika regarding its acquisition of Hydrotech drew a significant amount of reader attention last week (Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition): “Sika recently announced that it has acquired American Hydrotech Inc. in the U.S. and its affiliate Hydrotech Membrane Corp. in Canada. Hydrotech manufactures liquid membranes and provides full-system roofing and waterproofing solutions. The acquisition reportedly strengthens Sika’s roofing and waterproofing portfolio while complementing the company’s sustainability focus. In 2020, the acquired company generated sales of CHF 83 million (approximately $90.2 million).
“For more than 44 years, Hydrotech’s solutions have been specified by architects and design professionals. As more building rooftops are transformed into valuable leisure space, the company’s garden roof systems are reportedly growing rapidly. Hydrotech also brings a strong market position in the waterproofing of plaza decks and foundations. The company offers products containing post-consumer recycled material (e.g, membranes use 40% recycled materials).”
Are you up to date on all of the latest industry acquisitions? Subscribe to the weekly ASI eNews, and we’ll deliver all of the news directly to you!
Top 5 News that Sticks for July 25-31
- Sika Expands Roofing and Waterproofing Offerings with Hydrotech Acquisition
- DuPont Completes Laird Performance Materials Acquisition
- Sales Climb 11% for RPM in Fiscal 2021
- Elkem Sees Record Sales in 2021 Second Quarter
- H.B. Fuller and Covestro Join Forces to Make Adhesives More Sustainable
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.
