Cromar Building Products, a leading supplier of roofing products, has been acquired by Sika AG.
Strengthening Sika's Presence in The UK
The acquisition of Cromar strengthens Sika's presence in the roofing sector and enhances its product portfolio in the UK. Established in 1997, Goole-based Cromar provides builders' merchants with a range of products for flat and pitched roofing, along with a full portfolio of building chemicals, timber treatments, adhesives, sealants, tanking membranes, and damp proof courses.
Sika identified Cromar's product range and distribution network as complementary to its own. This strategic acquisition will enable Sika to further develop its activities in roofing distribution in the UK, leveraging Cromar's established network and expertise.
Cromar's product range includes Acrylic Waterproof Coatings, solar reflective roof paints, bitumen slabs and Leadax lead replacement products.
"Excited For The Next Stage Of Cromars Growth"
Cromar's Managing Director, Mike Marshall, said: "We have built a very successful business at Cromar, and we're grateful to all our employees, suppliers, customers, and wider stakeholders who have supported us on our journey. We're excited to see the next stage of Cromar's growth and development under the ownership of Sika, a business that shares similar values to ourselves and will help Cromar continue to go from strength to strength. We're excited to continue our growth under Sika's ownership, which shares our commitment to innovation, quality, and customer satisfaction."
Sika UK General Manager, Tom Forsyth, added: "We're delighted to welcome the team from Cromar to the Sika family. This acquisition will help us further develop our activities in roofing distribution in the UK. Sika has extensive experience in the roofing sector, and we will bring this expertise to Cromar to continue their journey of success."
