Sika, the construction chemicals group, is acquiring Vinaldom, a family-owned manufacturer of concrete construction products from the Dominican Republic, for an undisclosed price.
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Sika übernimmt Firma Vinaldom aus der Dominikanischen Republik
Original
This acquisition strengthens Sika’s presence in the Caribbean region, adding a sixth plant to its operations, as stated in a press release on Friday. The takeover also opens up “significant cross-selling opportunities.”
Sika is now well positioned to benefit from growth trends in the infrastructure and commercial construction sectors in the Dominican Republic. All employees of Vinaldom, founded in 1968, will be retained.
Translated from German by DeepL/amva
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