Sika has acquired a concrete fibre business from Propox Holdings in Tennessee in a bid to expand its product range to customers worldwide.
The deal includes a US plant which manufactures synthetic fibres used in concrete reinforcement, sales operations in Sika’s three geographical regions and the Fibermesh brand.
The 12,000 m2 production facility is expected to create opportunities for additional capacity for micro and marco synthetic fibres to support Sika’s growth, particularly in the US.
Christoph Ganz, Sika’s regional manager Americas, says: “The acquisition of the global Concrete Fibres business of Propex and the Fibermesh brand is a great fit with Sika’s current portfolio. It brings even greater value to existing and new Sika customers within the ready-mix and precast concrete market. The Fibermesh brand is the industry standard for quality and performance.”