Durability + Design

Building Performance and Aesthetics

A Product of Technology Publishing
JPCL/PaintSquare | D+D | Paint BidTracker

Subscribe to D+D Magazine

Paint and Coatings Industry News

Main News Page


Sika Acquires Liquid-Membrane Maker

Thursday, February 5, 2009

Comment | More

Sika AG has acquired Iotech Group Ltd., a manufacturer of polyurethane liquid membranes for roofing and waterproofing, and parent company of U.S.-based Liquid Plastics Inc.

 

Terms of the acquisition were not disclosed.

 

Iotech, formerly a privately held company, said its revenue for 2008 totaled $55 million. The company’s membranes are used mainly in the restoration market for small- to medium-sized roofs. Iotech also manufactures hygienic wall coatings used in clean-room applications.

 

Sika said the acquisition substantially expands its technology and market capabilities in polyurethane liquid membranes for roofing.

 

In the U.S. Iotech’s Liquid Plastics Inc. business holds a significant market position in liquid membranes for roofing and waterproofing applications, which Sika said fits well with its construction business activities in roofing and in materials for joint sealing and concrete repair and protection. Liquid Plastics operates a production facility in Middletown, CT. Sika said it will integrate Liquid Plastics into its Construction Products Division.

 

Sika AG, based in Baar, Switzerland, is a manufacturer of sealing, bonding, damping, reinforcing, and protective materials for the construction market.

   

Tagged categories: Coatings manufacturers; Roof coatings; Sika; Waterproofing

Comment Join the Conversation:

Sign in to our community to add your comments.

Armakleen Company, The
No Ordinary Soda

ARMEX® baking soda-based abrasives from the makers of ARM & HAMMER® products offers over 12 formulas specially engineered for your application and your budget.


Coatings For Industry, Inc.
For Tough Environments,
The Toughest Protection

A workplace exposed to vehicle traffic, fuel, and other harsh chemicals needs a floor coating that stands up to daily abuse. Wearcoat 100 high-build polyurethane provides superior protection.


Shield Industries, Inc
FireGuard® E-84 Intumescent Coating - Shield Industries, Inc

Trust the certified protection of the industry’s most innovative intumescent coating FireGuard® E-84 to provide you with the 1 and 2 hour fire ratings you need.


Arroworthy
ArroWorthy's Handcrafted Professional Brushes

One Dip of paint with our handcrafted semi-oval Rembrandt brush, you'll see why ArroWorthy makes a professional brush of unrivaled quality and performance.


PPG  Architectural Coatings / Porter Paints / PGH Paints
Property Maintenance Solutions

Glidden Professional at The Home Depot® provides property managers with professional paint recommendations, project planning and FREE jobsite delivery.


SSPC: The Society for Protective Coatings
http://www.sspc.org/

Join SSPC and Enhance
Your Career !


KTA-Tator, Inc. - Corporate Office
KTA Analyzes
Coating Failures

• Field Diagnosis
• Lab Diagnosis
• Determination of Cause
• Recommendations
www.kta.com
800-245-6379

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE D+D:      Interact   |   Blogs   |   Resources   |   Buying Guides   |   Webinars   |   White Papers   |   Classifieds
GET D+D:      Subscribe   |   Advertising Media Kit
KNOW D+D:      About D+D   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2010-2014, Technology Publishing, Co., All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com