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Sika acquires Rmax Operating, LLC in the US

By Niranjan Mudholkar,

Added 16 December 2016

Further strengthens its North American market position

Sika has agreed to acquire Rmax Operating, LLC, a US-based market leader in the production of polyiso insulation products for complete Building Envelope solutions (roofing and wall systems).

The acquisition brings technology and know-how that will accelerate Sika's growth and drive innovation in the North American market via the strong synergies between the companies. Rmax generated sales in excess of USD 75 million in 2016. The transaction is subject to clearance by anti-trust authorities.

With headquarters in Dallas, Texas, Rmax has been a market leader in polyisocyanurate insulation technology for over 37 years. At its three strategic production locations (Dallas, Texas; Greer, South Carolina; and Fernley, Nevada) Rmax produces insulation products and accessories that are highly regarded and widely specified for both commerical and residential wall and roof applications throughout the US.

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