LONDON: On December 30, 2025 Saint-Gobain formed a JV with a subsidiary of Indocement Tunggal Prakarsa (a publicly traded Indonesian cement company 53% owned by Heidelberg Materials) to acquire Indocement’s mortars business in Indonesia. The JV will be 60% held by Saint-Gobain with the remaining 40% held by Indocement Tunggall Prakarsa. Indocement’s mortars business is well-established…
ZURICH – Swiss chemicals group Sika AG (SIKA.S) has agreed to acquire Swedish mortar and construction solutions maker Finja, the companies said on Monday, in a move to strengthen its footprint in the Nordic region. The acquisition of the family-owned firm, founded in 1957, will bolster Sika’s product portfolio and distribution network in Sweden,…