Sika acquires Modern Waterproofing Group in Egypt

Sika has acquired Modern Waterproofing Group, a leading manufacturer of roofing and waterproofing systems in Egypt. The acquired business generates annual sales of CHF 26 million and is based in Cairo with a production facility in Badr City.

“Sika has acquired Modern Waterproofing Group, a leading manufacturer of roofing and waterproofing systems in Egypt.”sika.com

• 4 sources
• sika.comSika Acquires Market Leader in Roofing and Waterproofing Systems in EgyptIvo SchädlerJun 8, 2020
• gcc.sika.comSika Acquires Market Leader in Roofing and Waterproofing Systems in EgyptJun 8, 2020
• adhesivesmag.comAcquisitions - Articles - Page 31 | Adhesives & Sealants IndustrySusan SuttonJun 9, 2020
• adhesivesmag.comMergers/Acquisitions - Articles - Page 32 | Adhesives & Sealants IndustrySep 2, 2020

Summarized from public sources; check the original articles before acting on it.