Announced
Completed
Synopsis
SIKA, a Swiss multinational specialty chemical company, completed the acquisition of Elmich, a supplier of innovative, sustainable green roof solutions. Financial terms were not disclosed. “Green roofs and facades make metropolitan areas more livable by adding aesthetic appeal, improving air quality, and reducing heat. The acquisition will strengthen our position in big cities where green roofs are gaining momentum. Together, we will further develop our commercial and residential specification business, taking the full advantage of our combined expertise and product portfolios, as well as Sika’s wider geographic reach. We warmly welcome the Elmich employees to the Sika team and look forward to developing our business together,” Philippe Jost, Sika Regional Manager Asia/Pacific.
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