Sika closes acquisition of Chema - A high-performing mortar company in Peru Mittwoch, 06. November 2024 - 07:20
- Media Releases
- 2024
- Sika closes acquisition of Chema - A high-performing mortar company in Peru
Sika has closed the acquisition of Chema, a leading producer of tile setting materials in Peru with operations throughout the whole country. The acquisition strengthens Sika’s position in the fast-growing mortar segment and offers significant cross-selling opportunities through increased distribution channel presence and a complementary manufacturing footprint.
Founded more than 50 years ago, Chema has a strong presence in the distribution channel, offering a comprehensive range of tile setting materials renowned for their high quality and ease of application. The wide customer base appreciates the efficient logistical organization and reliability of supply, coupled with a first-class product and solutions offering. Four modern factories and seven warehouses provide nationwide manufacturing and distribution coverage. The acquisition significantly expands Sika’s Building Finishing portfolio and provides exciting cross-selling opportunities with Sika’s complementary products such as sealants, adhesives, liquid-applied membranes, and waterproofing products.