Group 1: Acquisition Overview - Sika has acquired Gulf Additive Factory LLC in Qatar, enhancing its presence in the rapidly growing construction market [1][2] - Gulf Additive Factory is known for high-quality construction chemical products, including concrete admixtures and facade systems [2][3] Group 2: Strategic Benefits - The acquisition allows Sika to leverage GAF's modern manufacturing site to expand operations and drive growth in Qatar and neighboring regions [3] - Sika's existing product portfolio combined with locally produced additions positions the company to meet the rising demand for energy-efficient construction solutions [3] Group 3: Market Outlook - The construction market in Qatar is projected to grow at a CAGR of over 4% until 2028, driven by significant investments in various sectors [4] - Qatar National Vision 2030 aims to diversify the economy while focusing on social and environmental development, supporting the positive market outlook [4] Group 4: Company Profile - Sika is a leading specialty chemicals company with a global presence, operating in 102 countries and producing innovative technologies in over 400 factories [5] - In 2024, Sika generated sales of CHF 11.76 billion and employs more than 34,000 people [5]