10/30/2017
Sika is expanding its presence in Africa and opens a new facility in the Angolan capital, Luanda. In addition to the production of concrete admixtures in an existing factory, mortar products – one of the Sika Group's fastest-growing areas of business – will also be manufactured locally.
With the additional production capacities in Angola, Sika is moving further toward its goal of covering about 70% of the market potential on the African continent with its own subsidiaries and production facilities. In this West African nation, the construction industry is receiving considerable impetus from major investments in infrastructure and in residential, industrial and commercial properties. Sika has also recently commissioned mortar production facilities in the countries of Nigeria and Ivory Coast.
"In the last five years alone, we have greatly strengthened our presence on the African continent, and now have 19 national subsidiaries and 18 production facilities. We are positioning ourselves in the markets early so that we can benefit from the construction boom triggered by rapid population growth and urbanization. We have been highly successful with this strategy in Africa: in the last five years we have seen 22% annual growth." Ivo Schädler, Regional Manager EMEA