# Sika acquires Arcon Membrane Srl in Romania

Sika has agreed to acquire Arcon Membrane Srl, a Romanian manufacturer of roofing and waterproofing systems, for an undisclosed amount. The acquired business generates annual sales of CHF 23 million.

- Type: Acquisition
- Announced: 2018-12-19
- Where: Sfântu-Gheorghe, Romania
- Value: $2.55B (2.50B CHF)
- Status: announced
- Products: roofing and waterproofing systems, bituminous membranes, thermal insulation systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [CVC Capital Partners](https://endata.com/companies/226.md) (investor)
- [Sika](https://endata.com/companies/10682.md) (acquirer)
- [Arcon Membrane Srl](https://endata.com/companies/36269.md) (target)
- [ParexGroup](https://endata.com/companies/36565.md) (target)

## Sources

- [gbr.sika.com](https://gbr.sika.com/en/media/news/2018/sika-acquires-market-leader-in-roofing-and-waterproofing-systems-in-romania.html), 2018-12-19: "Arcon's market leading position, comprehensive product portfolio, and established distribution network will support our growth strategy by opening up new cross-selling opportunities."
- [seenews.com](https://seenews.com/news/swiss-construction-chemicals-producer-sika-buying-romanias-arcon-membrane-637162), 2018-12-19: "Swiss construction chemicals producer Sika buying Romania's Arcon Membrane"
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/sika-acquires-romanian-roofing-waterproofing-systems-manufacturer/), 2018-12-20: "Arcon's market-leading position, comprehensive product portfolio, and established distribution network will support our growth strategy."
- [wsj.com](https://www.wsj.com/articles/cvc-to-sell-mortar-maker-parex-to-trade-buyer-in-2-55-billion-deal-11546967636), 2019-01-08: "Sika AG said Tuesday that it has made a binding offer to acquire ParexGroup, a mortar manufacturer owned by CVC Capital Partners, in a deal valued at 2.5 billion Swiss francs ($2.55 billion)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.