Sika Acquires Expansion Joint Manufacturer EMSEAL
Westborough, Massachusetts — Sika, global leader in waterproofing, and specialty construction and industrial materials has added expansion joint and precompressed sealant manufacturer EMSEAL Joint Systems Ltd. to its capacity to provide comprehensive foundation-to-roof building waterproofing solutions.
Customer-focus, service, and customized solutions leveraged through broad sales partnerships define EMSEAL’s success as a global leader in structural expansion joint sealing. These values have been enabled by supportive ownership under which EMSEAL has thrived. In this acquisition EMSEAL has found common ground on its core values and the cultural synergies could not be better for both EMSEAL and Sika.
The two highly respected brands come together with the mutually shared interest of satisfying building owners with lowest cost of ownership waterproofing solutions through the supply of durable materials supplied in a timely fashion. Furthermore, abundant product and strategic synergies enhance the combined strengths of the consolidated companies. Among these is the drive to provide innovative, market-driven, applicator-friendly, practical products that solve real problems.
“EMSEAL’s excellent brand, reputation, distribution and representation partnerships, and unique approach to the market, make it an ideal fit for Sika,” comments Executive Vice President, Rick Montani. “In addition we see Emseal continuing to operate as a stand-alone business unit, while taking advantage of the many synergies, sales strengths, and technology integration opportunities that this partnership presents.”
The EMSEAL management team of CEO Lester Hensley, President Dan O’Hayer, and Vice President and Director of R&D, Bill Witherspoon, along with their entire respective marketing, sales, administration and manufacturing managers and staff will continue to drive EMSEAL’s success under Sika’s ownership.
“We have been fortunate to have had such supportive ownership over the last nine years under private equity firm Fulham & Company,” comments Lester Hensley. “We are equally pleased to be joining the Sika family, and feel this is absolutely the best fit for the next exciting stage in EMSEAL’s global growth plan.”
EMSEAL has recently expanded its ISO 9001 and ISO 14001 certified manufacturing operation into a new 156,000 SF facility in Toronto and will continue to operate administration, sales and engineered product manufacturing activities out of its Boston-area headquarters in Westborough, Massachusetts.
SIKA AG CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protection in the building sector and automotive industry. Sika has subsidiaries in 100 countries around the world and manufactures in over 200 factories. Its more than 17,000 employees generated annual sales of CHF 5.75 billion in 2016.