Sika AG : Sika strengthens position in European distribution business
01/09/2012| 12:37pm US/Eastern
Based in the northern Italian town of Sassuolo, Technokolla
is a subsidiary of the privately owned Fincea Group, of which
Iris Ceramica, one of the leading ceramic tile manufacturers
in Europe, is also a member. It generated sales of approx.
CHF 37 million in 2010 and is number three in the Italian
local market for tile adhesive systems as well as having a
good presence in the neighbouring countries.
With Technokolla's products on board, Sika will have even
greater access to Technokolla's highly developed sales and
distribution network. Technokolla also owns a modern
production site in Sassuolo.
The new partnership will enable Sika to expand its market
position by adding a new distribution channel and supply the
construction industry in the region with an even wider range
of products and technologies.