Sika has acquired Everbuild Building Products Ltd, the UK’s largest independent manufacturer of sealants, adhesives and construction chemicals. Leeds-based Everbuild has annual sales in excess of £60 million and 270 employees.
Everbuild, founded in 1994, will operate as a subsidiary of Sika UK and will be managed under the existing management team. Its founder David Seymour, who will stay with the company, said: “With Sika we have the possibility to further grow our business and to benefit from the broad R&D capabilities for further product innovation.”
The acquisition will strengthen Sika’s position in the construction chemical market and in the distribution and Do-It-Yourself channels.
Jan Jenisch, CEO of Sika, said: “We are very proud to welcome the successful team of Everbuild in the Sika Family. The acquisition will give us a strong position in the UK distribution market and offers considerable potential to further leverage Everbuild’s sales channels with Sika’s product range.”