David Seymour, managing director of Everbuild Building Products and Ivo Schaedler, general manager of Sika.
Sika acquires Everbuild Building Products
Published: 17 June, 2013
Sika has acquired Everbuild Building Products, manufacturer of sealant, adhesives and construction chemicals.
Everbuild is located in Leeds, with annual sales revenue in excess of £60m and a workforce of 270 employees. The company will operate as a subsidiary of Sika UK and will be managed under the existing management team. Its founder David Seymour will stay with the company to drive the continued success of the business and ensure a smooth transition.
Mr Seymour 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”.
Jan Jenisch, chief executive of Sika, said: “We are very proud to welcome the successful team of Everbuild into 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.”
Sika UK is based in Welwyn Garden City and operates further facilities in Preston and Norwich.