Sika acquires the admixture business of Scancem
13-Feb-2004
Sika AG, Baar, Switzerland, has acquired the concrete admixtures business of Scancem Chemicals A/S, Norway. Scancem Chemicals is owned by Norcem A/S, a subsidiary of the HeidelbergCement Group, Germany.
In a shift of focus HeidelbergCement is withdrawing from the concrete admixtures business. The sale of the admixtures business of Scancem Chemicals therefore continues to pursue a process already underway. The acquired business sales total about CHF 8 m per annum.
Scancem Chemicals’ customers will benefit from the acquisition through their access to the new technologies of Sika.
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