Sika acquires green roof provider in Singapore

Sika has acquired Elmich Pte Ltd, a supplier of urban greening systems headquartered in Singapore. Elmich’s products are highly regarded by specifiers and its solutions have been used in many iconic buildings in Singapore and Australia. The acquisition complements the Swiss company’s roofing portfolio in the region and strengthens its specification business for commercial and residential projects.

Since the foundation 40 years ago, Elmich has built relationships with major developers and a strong presence in the green roof segment. The company provides urban greening systems using proprietary expertise and products made from 100 % recycled raw materials. With this acquisition, Sika is gaining a new platform for growth in the Asia/Pacific region. Green roofs and facades are fast-growing market segments, with an increasing number of projects being carried out in major cities. In the Asia/Pacific region, the market is forecast to grow at a CAGR of 5.5 % to 2032. Urbanization in higher density cities leads to rising temperatures and poor air quality. Green roofs and facades contribute significantly to mitigating these conditions by reducing the urban heat island effect and improving air quality and biodiversity.