- In October 2024, Mapei acquired Wykamol, a U.K.-based manufacturer, with the objective of strengthening its local presence and expanding its waterproofing product portfolio through Mapei UK. This strategic move is set to enhance Mapei's competitive positioning in the British construction chemicals market and support localized manufacturing capabilities. In conclusion, this acquisition reinforces Mapei’s regional growth strategy and its commitment to addressing localized waterproofing demands
- In February 2024, Mapei S.p.A. completed the acquisition of Bitumat, a Saudi Arabian producer of liquid-applied membranes, to fortify its footprint in the Middle East. This deal allows Mapei Group to access strategic source markets and extend its waterproofing offerings across the region. In conclusion, this acquisition aligns with Mapei's global expansion ambitions and strengthens its product accessibility in high-growth Middle Eastern markets
- In January 2023, Sika AG signed an agreement with INEOS Enterprises for the sale of MBCC Group’s admixtures business across the U.S., Canada, Europe, the U.K., Australia, and New Zealand. This divestment was part of the remediation process tied to Sika’s acquisition of MBCC Group. In conclusion, this transaction enables Sika to fulfill regulatory commitments while maintaining focus on its core businesses
- In December 2022, Sika AG inaugurated a new manufacturing facility in Chongqing, China, for producing liquid membranes and mortar. The plant aims to support the rising demand in this 30-million-resident city and strategically positions the company in the Chengdu-Chongqing growth corridor. In conclusion, the investment boosts Sika’s production capacity and positions it advantageously within a key urban development zone
- In December 2022, Dow entered into a distribution partnership with AB Specialty Silicones to improve the accessibility of its elastomeric roof coatings and promote energy-efficient, highly reflective solutions. This collaboration leverages AB's distribution network and Dow's material innovation to advance sustainability and reduce urban heat. In conclusion, the partnership accelerates Dow’s commitment to sustainability and enhances market penetration of high-performance roofing solutions
- In December 2022, Akzo Nobel N.V. acquired the wheel liquid coatings business of Lankwitzer Lackfabrik, expanding its performance coatings segment and enriching its product line alongside its powder coatings portfolio. In conclusion, this acquisition strengthens AkzoNobel’s global coatings leadership and diversifies its automotive coatings capabilities
