11. March 2022 | Markets & Companies
Sika acquires Sable Marco, a manufacturer of cementitious products and mortars in Canada. Based in Pont Rouge, near Quebec City, the complementary acquisition aims to open up new opportunities for Sika in the Eastern Canada region and clearly improve Sika’s access to the retail distribution network.
Sable Marco operates a plant in the Quebec City area providing logistical and strategic advantages to Sika Canada.
Image source: Marsel Elia – Pixabay (symbol image).
According to Sika, Sable Marco has developed a strong presence in the distribution channel and an excellent relationship with major national and regional building materials stores and DYI retail chains. The customer base is very complementary to Sika and the acquisition aims to enable the development of relationships with new high-potential customers. Sable Marco operates a plant in the Quebec City area providing logistical and strategic advantages to Sika Canada.
Sable Marco’s product line includes cementitious products, mortars, polymeric sand and other bagged materials. Synergies will be generated by exploring cross-selling potential for Sika’s target markets, building waterproofing and finishing through additional channels, better geographic access, as well as opportunities that open up in the growing category of polymeric sands.
Christoph Ganz, Regional Director Americas: “With the acquisition of Sable Marco, Sika Canada will expand its penetration with mass merchandisers, renovation centers and building trades, which, in line with our strategic plan, will increase the sales generated by the distribution channel. . We warmly welcome the employees of Sable Marco to the Sika family and look forward to successfully growing our business together in the Canadian market.
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