Sika is acquiring Finja, a leading Swedish mortar manufacturer, to enhance its Nordic presence and expand growth opportunities in the construction sector.
Information on the Target
Sika Group is set to strengthen its position in the Nordic construction market through the acquisition of Finja, a prominent Swedish manufacturer known for its extensive range of mortars and integrated construction solutions. Established in 1957, Finja has been committed to enhancing efficiency and sustainability within the construction industry. With annual net sales nearing CHF 60 million, the company operates two high-efficiency manufacturing plants strategically located near key economic areas, ensuring prompt deliveries nationwide. Finja offers a diverse product line, including dry mortars, floor leveling compounds, and facade systems, and boasts a robust digital platform to assist customers in project planning and execution.
The company's strong sales organization caters to a diverse clientele comprising distributors, contractors, architects, and designers, facilitating significant market penetration through its distribution channels. Finja’s products are widely available among major trade and retail distributors, enhancing accessibility for customers seeking quality construction solutions.
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Industry Overview in Sweden
The construction industry in Sweden is characterized by robust growth prospects, driven by a surge in residential and infrastructure projects. Government initiatives aimed at fostering sustainability and inn
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Revenue: $66M