Sika Acquires Butterfield Color
November 6, 2017
Sika has acquired Butterfield Color, Inc. The acquisition will accelerate Sika’s growth by bringing the most comprehensive range of solutions for concrete contractors in the North American construction market, the company stated. Butterfield generated sales of CHF 20 million in 2016.
“The acquisition of Butterfield fits perfectly with our growth strategy in North America, enabling us to reach new contractor customers and better penetrate key projects. We see great synergies coming from the combined technologies of Sika, Scofield, and now Butterfield,” said Christoph Ganz, regional manager North America.