# Sika in advanced talks to acquire Romanian building materials producer AdePlast

Swiss mortars and adhesives producer Sika is negotiating the takeover of Romanian company AdePlast, one of the biggest producers of building materials on the local market with a turnover of over EUR 100 million in 2018. The negotiations are in an advanced stage.

- Type: Acquisition
- Announced: 2019-10-23
- Where: Romania
- Value: $121.3M
- Status: rumored
- Products: building materials, mortars, adhesives
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sika](https://endata.com/companies/10682.md) (acquirer)
- [AdePlast](https://endata.com/companies/32592.md) (target)

## Sources

- [actmedia.eu](https://www.actmedia.eu/companies/sika-close-to-taking-over-big-romanian-building-materials-producer/83279), 2019-10-23: "Swiss mortars and adhesives producer Sika is negotiating the takeover of Romanian company AdePlast, one of the biggest producers of building materials on the local market, with a turnover of over EUR 100 million in 2018."
- [wolftheiss.com](https://www.wolftheiss.com/insights/wolf-theiss-advises-adeplast-sa-in-the-100-sale-towards-the-swiss-group-sika/), 2019-11-25: "Adeplast’s acquisition by Sika is most certainly a landmark transaction for the Romanian economy."
- [lesprom.com](https://www.lesprom.com/en/news/Sika_to_acquire_Adeplast_SA_in_Romania_91923/), 2019-11-25: "Adeplast is a proven industry leader and will considerably strengthen the presence of our Target Market Building Finishing in the growing Romanian market."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=35), 2019-12-12: "Sika recently announced that it has agreed to acquire Adeplast SA, a manufacturer of mortars and thermal insulation solutions based in Romania."

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