# Sika acquires King Packaged Materials Company

Sika has agreed to acquire King Packaged Materials Company, a Canadian manufacturer of dry shotcrete, mortars and concrete solutions, for an undisclosed amount. King generates annual sales of CHF 61 million and has 180 employees across three plants in Quebec and Ontario.

- Type: Acquisition
- Announced: 2019-03-08
- Where: Boisbriand (QC), Brantford (ON), Sudbury (ON), Canada
- Status: announced
- Products: dry shotcrete, mortars, concrete solutions, grouts, repair mortars, masonry mortars
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Sika](https://endata.com/companies/10682.md) (acquirer)
- [King Packaged Materials Company](https://endata.com/companies/36521.md) (target)

## Sources

- [usa.sika.com](https://usa.sika.com/en/resource-center/sika-usa-news/sika-acquires-king.html), 2019-03-08: "With the acquisition of King and its broad and highly complementary product offering we will further strengthen our presence in Canada and open up exciting new cross‐selling opportunities."

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