Sika acquires stake in innovative flooring company
Sika acquires a stake of 30% in Concria Oy, a Finnish startup company specialising in highly innovative concrete floors.
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According to company information, Concria has developed a technology that represents a novel approach to concrete floor installation and polishing. It includes special dry shake hardeners as well as a unique procedure and tools for grinding and polishing concrete floors. As stated in a press information, this innovative technology enables a fast and efficient installment of decorative polished concrete floors featuring superior quality and durability properties.
“Exciting, innovative technology”
Ivo Schaedler, Head Construction: “With the acquisition of a stake in Concria we invest in an exciting, innovative technology for the flooring industry. Our global manufacturing footprint and sales force will facilitate production and marketing of the technology across the globe. At the same time, the rollout will promote additional sales of Sika products which are complementary to the Concria offering. We look forward to a successful collaboration with the Concria team.”