December 19, 2018 / 6:52 AM / 6 months ago

BRIEF-Sika Acquires Romanian Company Arcon

Dec 19 (Reuters) - Sika AG:

* ACQUIRES MARKET LEADER IN ROOFING AND WATERPROOFING SYSTEMS IN ROMANIA

* ACQUISITION WILL SUPPORT OUR GROWTH STRATEGY BY OPENING UP NEW CROSS-SELLING OPPORTUNITIES, AS WELL AS INCREASING OUR MARKET ACCESS AND PENETRATION OF KEY PROJECTS

* ACQUISITION IS FURTHER STEP IN SIKA’S EXPANSION IN BITUMINOUS MEMBRANES

* ARCON’S MARKET LEADING POSITION, COMPREHENSIVE PRODUCT PORTFOLIO, AND ESTABLISHED DISTRIBUTION NETWORK WILL SUPPORT OUR GROWTH STRATEGY Source text for Eikon: Further company coverage: (Berlin Speed Desk)

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