Sika acquires a full-range waterproofing expert in China
Sika acquires Shenzhen Landun Holding, a manufacturer of waterproofing systems in China. The company offers a comprehensive range of waterproofing products and technologies.
Landun is considered a renowned provider of waterproofing solutions with strong customer relationships and a well-known brand. The company operates two modern production facilities where it manufactures a full range of membranes and coatings for various waterproofing applications, mainly supplying infrastructure and commercial projects.
High cross-selling potential
With the acquisition, Sika aims to improve its position in the fast-growing Chinese waterproofing market. According to the company, the product portfolios of both companies complement each other perfectly and offer high cross-selling potential in the respective distribution channels. The two newly acquired manufacturing facilites are expected to strengthen Sika’s local supply chain.
