Azpects is a highly profitable, fast-growing company with a leading position in landscaping. The company produces and distributes a comprehensive range of easy-to-use polymer jointing mortars, along with complementary products for the construction and maintenance of patios, pathways, and driveways. Through established specialist trade channels, Azpects reaches a wide and loyal customer base of landscaping companies across the UK.
The Key Benefits of Acquiring Azpects:
Cross-Selling Opportunities: Azpects' strong position in landscaping solutions, distributed through specialist trade, ideally complements Sika's broader product portfolio and extensive distribution network throughout the UK. Together, the two companies will offer a larger range of products through expanded distribution channels and further strengthen Sika's position as a key supplier for major building materials merchants.
Efficiency Gains in Production and Logistics: Azpects' production site offers the potential to expand and optimize Sika's production network in the UK. The merger will create significant cost synergies in both production and logistics.
Growth Platform: In landscaping, innovative polymer jointing mortars are gaining ground over traditional sand-cement products. This leads to attractive long-term growth prospects. Azpects' broad product portfolio, strong brand, and established customer relationships provide an excellent platform for future growth in this attractive market segment.
Christoph Ganz, Regional Manager EMEA: "With our established distribution network, we can make Azpects' innovative product range accessible through new distribution channels and for new customer segments. The Azpects portfolio is a valuable addition to our existing offering and strengthens our position as an important partner for our customers. The attractive cross- selling opportunities and efficiency gains will support further growth and profitability of Sika UK. We warmly welcome the Azpects team to the Sika family and look forward to a successful future together."
Contact:
Dominik Slappnig
Corporate Communications
Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com