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Sika Acquires Dubai Waterproofing Membranes Manufacturer Duproof

Sika said it acquired the Dubai-based manufacturer to strengthen its local presence and expand its market share across construction segments. Financial terms were not disclosed.

SIKA

BRUSSELS (dpa-AFX) - Swiss specialty chemicals company Sika AG (SIKA.SW, SKFOF.PK, SXYAY.PK) on Monday announced the acquisition of Duproof, a Dubai-based waterproofing membranes manufacturer, to strengthen its local presence and expand its market share across construction segments.Financial terms…