Normet to acquire the aliva equipment business of Sika.

Normet, a manufacturer of machines and equipment for mining and tunneling, agreed to acquire the aliva equipment business of Sika, a firm that manufactures and sells specialty chemical-based products. Financial terms were not disclosed. “With Normet Group, Sika has found the right strategic owner for the Aliva Equipment business. Normet is specialised in underground construction and will expand investments in the long-term development of the Aliva business, its people, products, and technologies. Being a part of the core business of a global company will open up new opportunities for the strategic development of Aliva and its employees. Customers can continue to rely on the availability of high-quality equipment and support in the future," Ivo Schädler, Sika Regional Manager, EMEA.