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News Displaying items by tag: Adeplast

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Sika acquires Romanian market leader in insulation

26 November 2019

Romania: Switzerland’s Sika has announced its purchase of Adeplast, a mortars and thermal insulation producer, subject to clearance from Romanian anti-trust authorities. Adeplast generates Euro109m/yr across its four plants. Sika’s Europe, Middle East and Africa regional manager Ivo Schädler spoke positively of ‘exciting crossselling opportunities’ and the possibility of increased market penetration.

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