Sika acquires Comercial de Preresa, SA (Copsa), a company with a strong position in the flooring, repair and reinforcement markets in Spain and Portugal. Copsa is located in Cobeña (Madrid) with annual sales of approximately CHF 17 million and 60 employees.
Sika AG has through its Spanish subsidiary, Sika, S.A.U., agreed to acquire 100% of Comercial de Preresa, SA (Copsa), a company with a strong position in the flooring, repair and reinforcement markets in Spain and Portugal. Sika started collaboration with Copsa several years ago, already 1999 acquiring a 34% stake of the company.
Copsa is located in Cobeña (Madrid) and was founded in 1994. Over the years the company has proved its innovative power developing a wide range of construction chemical products, building up a significant position in its markets and a well established brand. Copsa operates three production sites in Spain.
The acquisition of Copsa will enable Sika to strengthen the position and penetration in the Iberian market. Sika will expand its overall offerings, mainly to the customers in the contractors and distribution business, with a wider range of products and technologies.
Contact: Dominik Slappnig
Sika AG Corporate Profile
Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals company. Sika supplies the building and construction industry as well as manufacturing industries (automotive, bus, truck, rail, alternative energies, building components). Sika is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures. Sika's product lines feature high-quality concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring as well as roofing and waterproofing systems. Worldwide local presence in 76 countries and some 14 000 employees link customers directly to Sika and guarantee the success of all partners. Sika generated annual sales of CHF 4.4 billion in 2010. Visit our website at www.sika.com.