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Sika aquires duro-moza of Mozambique
October 21,
2015 2405 2405
Sika has acquired the assets of Duro‐Moza, a Mozambique-based company producing specialised mortar and tile adhesives.
The transaction will accelerate the development and market penetration of Sika Mozambique, which Sika founded last year.
The acquisition provides Sika Mozambique with an ideal start in the market, giving immediate access to its own production facility and to an established customer base in the fast-growing construction sector.
Maputo-based Duro‐Moza has developed a comprehensive product range covering plasters, tile adhesives, dry shakes, grouting and concrete repairs.
www.sika.co.za