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Sika eyes Gulf expansion with Qatar-based GAF acquisition
Sika eyes Gulf expansion with Qatar-based GAF acquisition

Fibre2Fashion

time30-06-2025

  • Business
  • Fibre2Fashion

Sika eyes Gulf expansion with Qatar-based GAF acquisition

Sika has acquired Gulf Additive Factory LLC in the State of Qatar. The company manufactures a wide range of construction chemical products and has a strong standing in the fast-growing Qatar construction market. The acquisition strengthens Sika's foothold in the country and provides exciting opportunities for further expansion. Gulf Additive Factory LLC (GAF) is renowned for its high-quality solutions and profound technical expertise. An extensive product range, including concrete admixtures, mortars, flooring, waterproofing and facade systems (EIFS: Exterior Insulation and Finish System) is manufactured in a strategically well-located production facility close to Doha. GAF's large, modern manufacturing site will provide Sika with the opportunity to expand and drive growth in Qatar and the neighboring countries. The combination of Sika's existing product portfolio and locally produced additions, such as the EIFS system, perfectly positions Sika to benefit from the increased demand for energy efficient 'cool houses'. Furthermore, the possibility to consolidate its operations to one site will generate important cost efficiencies. Sika has acquired Gulf Additive Factory LLC in Qatar to strengthen its position in the growing construction market. GAF's modern facility near Doha and broad product range, including EIFS, will support local production, cost efficiencies, and regional expansion. The deal aligns with Qatar's Vision 2030 and expected 4 per cent CAGR in construction through 2028. The construction market in Qatar is expected to grow at a CAGR of over 4% until 2028. Growth will be driven by large investments in the energy and utilities sector as well as major projects in transportation, healthcare, tourism, and industrial manufacturing. The positive outlook is supported by Qatar National Vision 2030 with the key goal to diversify the economy while focusing on social and environmental development. "With this acquisition, we will strengthen our local expertise and production setup. It will provide us with a strong foundation to continue to drive our growth and benefit from the ambitious investment programs in both the infrastructure and commercial construction segments. We warmly welcome the GAF employees to the Sika team and look forward to growing our business together." Christoph Ganz, Regional Manager EMEA . Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)

EIFS Industry Members Association Welcomes Five New Associate Members, Signaling Strong Industry Momentum
EIFS Industry Members Association Welcomes Five New Associate Members, Signaling Strong Industry Momentum

Yahoo

time10-06-2025

  • Business
  • Yahoo

EIFS Industry Members Association Welcomes Five New Associate Members, Signaling Strong Industry Momentum

The additions bring EIMA's Associate membership to a record 17, reflecting growing interest and engagement across the industry. FALLS CHURCH, Va., June 10, 2025 /PRNewswire/ -- The EIFS Industry Members Association (EIMA) is proud to announce the addition of five new Associate Members in 2025: BASF, National Gypsum, Quikspray, Inc., Rokamat, and Specified Technologies Inc., and these companies bring a wealth of innovation, experience, and commitment to advancing the exterior insulation and finish systems (EIFS) industry. "This year's new Associate Members represent some of the most forward-thinking companies in construction materials, fire protection, and application equipment," said EIMA President Jose Berlingeri of Sto Corp. "Their decision to join EIMA reflects growing momentum across the EIFS industry as architects, builders, and regulators continue to embrace high-performance, sustainable wall systems." BASF, a global leader in construction chemicals and materials, is equally optimistic. "As EIFS continues to prove itself as a superior wall cladding system, BASF is excited to bring its innovations in insulation to the table," said Luis Espada, Neopor Insulation Business Manager. "We see EIMA as a key platform for advancing sustainability and performance in the built environment." National Gypsum, one of the world's leading drywall and building products manufacturers, sees its return to EIMA as a strategic move to align with EIFS growth. "Our mission is to support energy-efficient and resilient building envelopes," said Warren Barber, Product/Sales Manager. "Partnering with EIMA helps us strengthen that commitment and collaborate with the leaders shaping the future of EIFS." Quikspray, Inc., known for manufacturing application equipment for plaster, stucco, and specialty coatings, brings a unique focus on jobsite efficiency. "We're excited to be part of a community that values both innovation and craftsmanship," said Leah Barker, Owner. "As EIFS demand grows, we're committed to supporting applicators with tools that increase speed and quality." Rokamat, a German-based manufacturer of innovative, lightweight wall grinding and finishing tools, brings a global perspective to EIMA's expanding membership. With decades of experience in developing ergonomic solutions for interior and exterior wall applications, Rokamat's durable equipment is designed to improve precision and reduce labor strain. "We see great potential for EIFS in North America and are excited to support applicators with tools that enhance efficiency and surface quality," said Rolf Kammerer, CEO of Rokamat US. Specified Technologies Inc. (STI), an expert in firestop and life safety systems, joins EIMA to support the safe integration of EIFS in commercial and residential projects. "We're proud to join an organization so committed to excellence," said Eric LaCroix, VP Commercial Solutions. "Our fire-rated solutions are a perfect complement to the performance benefits EIFS offers." The addition of five new companies to EIMA's Associate membership category strengthens the organization's position as the unified voice of the EIFS industry and underscores the sector's continued growth and innovation in energy-efficient building solutions. With a record-high total of seventeen Associate members—entities engaged in the sale of components, equipment, supplies, or testing services to the North American EIFS industry—EIMA proudly welcomes its newest members alongside ADFORS Saint-Gobain, Atlas Molded Products, Clark Dietrich Building Systems, Dow, Georgia Pacific Building Products, Intertek, MKS Plastics, New Cast Stone, Rockwool, Tape Tech Tool Company, Wacker, and Wind-Lock. Founded in 1981, the EIFS Industry Members Association is the North American trade association devoted to the promotional, advocacy, technical and educational aspects of the EIFS industry. EIMA is comprised of leading manufacturers, suppliers, distributors applicators, and architects, and please visit for more information. View original content to download multimedia: SOURCE EIFS Industry Members Association

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