Sika buys Cromar

Roofing product supplier Cromar Building Products has been acquired by the listed Swiss company Sika AG. The acquisition strengthens Sika’s presence in the roofing sector and will enable Sika and Cromar to capitalise on market opportunities and compete within the roofing sector.

Cromar managing director Mike Marshall,  said: “We have built a very successful business at Cromar and are grateful to all our employees, suppliers, customers and wider stakeholders who have supported us on our journey. We are excited to see the next stage of Cromar’s growth and development under the ownership of Sika, a business we believe shares similar values to ourselves and will help Cromar continue to go from strength to strength.

“We are excited to continue our growth under Sika’s ownership, which shares our commitment to innovation, quality, and customer satisfaction.”

Tom Forsyth, UK general manager of Sika UK, added: “We are delighted to welcome the team from Cromar to the Sika family and this acquisition will help us further develop our activities in roofing distribution in the UK. Sika has extensive experience in the roofing sector, and we will bring this to Cromar to continue their journey of success”.