Sika strengthens position in European distribution business
Based in the northern Italian town of Sassuolo, Technokolla is a subsidiary of the privately owned Fincea Group, of which Iris Ceramica, one of the leading ceramic tile manufacturers in Europe, is also a member. It generated sales of approx. CHF 37 million in 2010 and is number three in the Italian local market for tile adhesive systems as well as having a good presence in the neighbouring countries.
With Technokolla's products on board, Sika will have even greater access to Technokolla's highly developed sales and distribution network. Technokolla also owns a modern production site in Sassuolo.
The new partnership will enable Sika to expand its market position by adding a new distribution channel and supply the construction industry in the region with an even wider range of products and technologies.
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