Durability + Design
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

D+D 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.

Advertisements
 
PPG Paints
 
NEW FORMULA! PPG PAINTS™ SEAL GRIP® PRIMER
 
PPG Paints Seal Grip Interior/Exterior Acrylic Universal Primer/Sealer has been reformulated to meet your toughest interior and exterior primer requirements.
VIEW PRODUCT
 

 
Atlas Material Testing Technology
 
Helping You Put Your Products To The Test
 
  • Outdoor Accelerated Weathering
  • Laboratory Testing Services
  • Accelerated Weathering Instruments

  • www.atlas-mts.com
    atlas.info@ametek.com
 

 
A&I Coatings
 
Vitreflon – the hallmark of colour stable protective coatings
 
Vitreflon two pack fluoropolymer coatings display unsurpassed colour and gloss retention making Vitreflon the coating of choice for high value infrastructure and architecture. Contact us today to find out how Vitreflon can outperform on your next project. Vitreflon distributorships available.
 

 
LATICRETE International, Inc.
 
SPARTACOTE Flex PURE Clinical Plus Coatings
 
Equipped with antimicrobial technology, fast-cure systems and high-traction features. Ideal for demanding environments. Customizable colors and textures.
 

 
Greenbuild
 
Greenbuild and ABX Together in Boston
 
Come to Boston and enjoy a 2 in 1 event! Greenbuild and ABX come together with over 700 exhibitors from the construction and design industry - register today!
 

 
RCI, Inc.
 
RCI Building Envelope Technology Symposium
 
November 13-14, 2017 | Orlando, Florida | Learn valuable design and repair insights from 20 leading design experts. RCI, Inc. is an AIA LU provider. Learn more.
 

 
World of Concrete
 
WOC 2018 – Las Vegas, NV
 
Visit the WOC website for more details about the World of Concrete 2018: January 23-26; Seminars 22-26 at the Las Vegas Convention Center in Las Vegas, NV, USA.
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@durabilityanddesign.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 

© Copyright 2012-2017, Technology Publishing Co., All rights reserved