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Sika to Buy Roof and Wall Systems Maker

Thursday, January 5, 2017

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Sika has announced the planned acquisition of Rmax Operating LLC, a U.S.-based company that manufactures polyiso insulation products for the building envelope.

Terms of the transaction were not disclosed.

Based in Dallas, Rmax generates annual sales of more than $75 million and serves customers throughout North America.

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© iStock.com / peopleimages

The agreement is subject to clearance by anti-trust regulators.

The family-owned company produces polyiso insulation products and accessories that are specified for use in commercial and residential wall and roof applications. In particular, its innovations in continuous insulation for building envelopes are at the forefront of industry, according to Sika. The company operates three production facilities in Dallas, South Carolina and Nevada.

“The acquisition fits perfectly with Sika’s growth strategy in North America, further strengthening its already fast-growing building systems in roofing, sealants and waterproofing,” according to Sika.

With this acquisition, Sika said it will be able to focus on products and systems for thermal insulation and moisture management of the entire building envelope. 

The transaction is subject to clearance by anti-trust authorities.

   

Tagged categories: Building envelope; Insulation; Mergers; Roof insulation; Sika; Waterproofing

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