Sika acquires Sable Marco Inc, a manufacturer of cementitious materials and mortars based in Pont-Rouge, near Quebec City. The acquisition will opens up new opportunities for Sika in the Eastern Canada region and will enhance Sika’s access to the retail distribution channel.
Sable Marco has built up a strong presence in the distribution channel and a solid relationship with major national and regional building material stores and DYI retail chains. The customer base is complementary to Sika’s and the acquisitions will enable Sika to develop relationships with new customers.
Sable Marco operates one plant in the area of Québec City which offers logistic and strategic benefits for Sika Canada. This location will allow Sika to expand the reach and better serve customers in the Eastern part of the country. The product range of Sable Marco includes cementitious products, mortars, polymeric sand, and other bagged materials. Synergies will be generated by exploring cross-selling potential for Sika’s Target Markets Waterproofing and Building Finishing through additional channels, improved geographical access, as well as from the opportunities opening up in the growing polymeric sand category.
Martin Nadeau, Executive Vice President – Residential Construction, Sika Canada said, “The addition of Sable Marco will allow us to not only benefit from better logistics but also to offer the most complete product line in our market when Sika and Sakrete products are combined with those of Sable Marco.’’
Patrick Brière, President of Sable Marco, added, “I believe that Sika is an excellent company to keep Sable Marco going and I would like to thank all of Sable Marco’s customers who have supported us over the years, as well as all the employees who have contributed to the success of our company.’’
