SIKA ACQUIRES MORTAR COMPANY IN DENMARK AND LAYS THE FOUNDATION FOR ACCELERATED GROWTH

Core Insights - Sika has acquired Marlon Tørmørtel A/S, a mortar manufacturer in Denmark, which will enhance Sika's growth platform in the Nordics and provide opportunities for market expansion and cross-selling [1][2] Group 1: Acquisition Details - The acquisition of Marlon will significantly expand Sika's presence in the mortar segment and strengthen relationships with Nordic distributors and contractors [2] - Marlon is recognized for its strong product portfolio and customer service, specializing in mortars for contractors and concrete element manufacturers [1] - The acquisition allows Sika to increase production capacity and introduce a wider range of locally produced solutions, driving growth in Denmark and other Nordic countries [2] Group 2: Operational Benefits - The well-situated site of Marlon will enable shorter transport distances, consolidation of warehouses, and optimization of capacity utilization, leading to cost efficiencies and improved customer proximity [2] - Marlon's efficient supply chain and automated manufacturing facility provide a basis for significant capacity expansion [1] Group 3: Strategic Vision - Christoph Ganz, Regional Manager EMEA, emphasized that the combined businesses will create an excellent platform for accelerated growth in Denmark and the Nordic region [3] - The acquisition will enhance Sika's ability to serve both new and existing customers with complete solutions in the large mortar segment [3] Group 4: Company Profile - Sika is a specialty chemicals company with a leading position in the development and production of systems and products for the building sector and industrial manufacturing, generating sales of CHF 11.76 billion in 2024 [4]