Canada/Italy/Peru: Saint-Gobain has acquired Canada-based concrete pigments producer Interstar Materials, Italy-based cellular concrete additives producer Isoltech and Peru-based concrete admixtures producer Soquimic. The companies generated combined sales of €25m in 2024.
Saint-Gobain noted the alignment of the acquisitions with its Grow & Impact diversification strategy towards increased leadership in global light building materials.
Switzerland: Sika recorded sales of €6.09bn in the first half of 2025, down by 3% year-on-year. It noted foreign currency impacts, including a weak US Dollar, offsetting ‘modest’ local sales growth across its operations. Organic growth was 1% in Europe, the Middle East and Africa, 1% in the Americas region and 2% in the Asia/Pacific region, with a 1% acquisition effect globally. Group earnings before interest, taxation, depreciation and amortisation (EBITDA) were €1.15bn, down by 2% year-on-year. Sika expects to record full-year sales growth in local currencies in 2025.
During the first half of 2025, Sika acquired Singapore-based green roof supplier Elmich, UK-based for roofing products supplier Cromar Building Products, US-based finishing materials and waterproofing producer HPS North America and Qatar-based concrete admixtures, mortars, flooring and waterproofing producer Gulf Additive Factory. It opened new plants in Brazil, China, Ecuador, Kazakhstan, Morocco and Singapore.
Romania: Sika Romania has launched a new €1.5m concrete additives production plant in Corlătești, Prahova County. The plant incorporates systems for the recovery, treatment and reuse of concrete and water.
Switzerland-based Sika’s Eastern Europe Regional Head Ileana Nicolae said "The investment in Corlătești marks a concrete step in our regional expansion and in streamlining our operations in Eastern Europe. Romania has a strategic position in this network, and the new unit gives us the flexibility needed to better respond to the increasingly dynamic demands of the construction market."
Malaysia/Saudi Arabia: Construction firm Doka Formwork Malaysia and property developer MGB have entered into a strategic memorandum of collaboration (MoC) to develop the use of industrialised building system (IBS) precast concrete elements in construction projects in Malaysia and Saudi Arabia. The Star newspaper has reported that the collaboration aims to reduce CO2 emissions and increase efficient material usage.
