Sika — a multinational specialty chemical company with products for bonding, sealing, damping, reinforcing, and protecting — has acquired the flooring adhesives business of DriTac.
DriTac is a U.S.-based floor covering adhesives company with a strong focus in wood floor bonding. The company’s product range, which includes polyurethane, modified silicone and water-based technologies, will further enhance Sika’s system solutions for floor covering applications and give customers access to a large, full-range portfolio.
“With this acquisition, Sika establishes a leading position in floor covering adhesives, especially for wood floors, in the USA,” said Christoph Ganz, regional manager Americas. “Expansion in Interior Finishing is a key growth initiative for Sika and we are well positioned to bring all our technologies, including the newly acquired range, to our customers in this large and attractive market.”
DriTac brings long-established customer and distributor relationships across the country that are highly complementary to Sika’s existing network, enhancing overall market access and market penetration.
The acquisition will contribute to Sika’s increased presence among floor covering installers and distributors. The new business strengthens Sika’s growth platform for Interior Finishing in the USA with large potential for cross-selling of Sika’s other complementary products that include moisture-mitigation materials, surface preparation, and self-leveling underlayment mortars, as well as tile setting materials.