Sika Acquires 30% Stake in Finnish Concrete Flooring Startup

Sika acquired a 30% stake in Concria, a Finnish concrete flooring startup developing new technology for concrete flooring.

Concria’s products include dry shake hardeners and new procedures and tools for grinding and polishing concrete floors.

“With the acquisition of a stake in Concria we invest in an exciting, innovative technology for the flooring industry,” stated Ivo Schaedler, head of construction at Sika. “Our global manufacturing footprint and sales force will facilitate production and marketing of the technology across the globe. At the same time, the rollout will promote additional sales of Sika products which are complementary to the Concria offering. We look forward to a successful collaboration with the Concria team."

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