31/10/2022
Sika is proud to have acquired a majority stake in Index Construction Systems and Products. Index is a leading manufacturer of roofing and waterproofing systems near Verona, Italy. In acquiring Index, Sika has expanded its bitumen product range and boost its position both in the Italian regions and abroad with over 100 distributors including South Africa. Sika has always challenged the status quo in the construction industry, and implementing this acquisition is another way they’re looking for advanced solutions for constructing a better future.
"We as Sika South Africa are extremely excited to welcome the Index range into our roofing and waterproofing business in South Africa as from the 1st January 2023. Index has been a strong brand in the South African market for over 20 years and comes with a high research and development competence. Sika acquired Index in 2018 and we felt the time was right for it to now form part of our existing business in South Africa." Paul Adams, General Manager
Index in the South African Market
Index has gone from strength to strength during its 25 years in the South African market, and today it enjoys a strong local presence. Index is known for its superior range of quality bitumen membrane solutions and brings with it internationally recognised expertise in bitumen technologies, which greatly assists Sika with expanding into markets in Southern Europe and Africa.
Their superior durability together with cost-effective benefits and their guaranteed technical support mean that bitumen membranes remain a significant component of waterproofing solutions both locally and abroad, and with the Index bitumen membranes Sika is now able to offer, will help build trust by delivering more.
INTERNATIONALLY RECOGNISED BITUMEN SOLUTIONS
Bitumen solutions are highly adaptable. With solutions suitable for the standard flat roof waterproofing, decorative, peel and stick, below ground waterproofing and green roof waterproofing solution conforming to international standards, acquiring Index will ensure that Sika South Africa can continue to innovate and grow. Such a move will guarantee that Sika sets its sights beyond the immediate scope of the contemporary, local industry and move towards integrating with larger global megatrends.
FULL RANGE ROOFING AND WATERPROOFING PRODUCTS
Now, in combining both companies’ products, Sika South Africa will become a comprehensive, full‐range supplier of cutting-edge technologies in the roofing and waterproofing market, and by gaining access to Index’s broad sales network, this move is sure to bring exciting cross‐selling opportunities for both entities.
