Tue. Dec 3rd, 2024

Sika Acquires Chema, Strengthening Peru’s Mortar Market Presence

ByLisa Luckas

11/06/2024
tilt shot of brick wall
  • Sika acquires Chema, enhancing its position in Peru’s mortar market with expanded distribution and manufacturing.
  • Chema’s 50-year presence and quality products offer cross-selling opportunities with Sika’s existing lines.
  • This acquisition boosts Sika’s Building Finishing portfolio and growth in Peru.

Wed Nov 06 07:00:47 -2024 UTC– Sika acquires Chema, a mortar company in Peru, enhancing market position with expanded product offerings and distribution channels.

Acquisition boosts Sika’s presence in Peru’s fast-growing mortar market and allows cross-selling opportunities.

Chema’s strong reputation and national coverage through factories and warehouses add value to Sika’s portfolio. The combined businesses aim to accelerate growth and better serve customers nationwide.

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ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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