Sika Acquires Leading Manufacturers of Waterproofing Membranes in Mexico and India

Sika Acquires Leading Manufacturers of Waterproofing Membranes in Mexico and India

 Sika is acquiring JMTexsa, S.A. de C.V. of Mexico and Texsa India Ltd, two leading manufacturers of waterproofing membranes. Sika has signed an agreement to this effect with the French industrial group Soprema. The acquisitions strengthen Sika’s growth strategy and accelerate the expansion in emerging markets. The companies being acquired generated annual sales of CHF 23 million in 2012 and have 100 employees.

Source: Sika (Link to full release)

About the author

Amitabh Arora

Amitabh Arora

Amitabh Arora has more than 18 years of experience promoting foreign direct investments (FDI), trade and economic relations between India and Switzerland, South Korea, United Kingdom and Canada. He is currently working as Director Key Accounts at the Greater Geneva Berne area (GGBa), the economic development agency of western Switzerland. GGBa offers a comprehensive range of services at no charge to foreign companies seeking to establish a presence in Switzerland. He is also the founder of FDITracker.com, tracking FDI developments worldwide. Amitabh has a Masters in International Business from the Indian Institute of Foreign Trade (IIFT) and a Bachelor of Business Studies (BBS) from College of Business Studies, India.

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