Sika has acquired the flooring adhesives business of DriTac, a US-based floor covering adhesives company with an especially strong position in wood floor bonding. The acquisition will contribute to Sika’s increased presence among floor covering installers and distributors, while accelerating Sika’s expansion in the interior finishing market in the USA. In 2020, the acquired business generated sales of CHF 20 million.
DriTac is a well-recognized and highly regarded brand in the US floor covering industry, with over 65 years of providing trusted solutions to the industry. With an especially strong position in the wood floor bonding segment, 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.