Specialty chemicals manufacturer Sika Corp. has acquired a minority stake in Schönox HPS North America. According to Sika, the deal “underscores and accelerates Sika’s growth in the U.S. floorcovering market and premium installation solutions.” Financial terms of the deal were not disclosed.
Schönox added that the investment “positions Schönox as Sika’s premium brand in the repair, self-leveling, and overall floor prep category.”
For more information, visit https://hpsubfloors.com.
