Sika divests shotcrete equipment business
Sika agreed to sell its Aliva Equipment business to Normet Group Oy, a finnish global company providing solutions for underground construction. With the acquisition of the assets of Aliva Equipment, Normet supports its growth strategy by strengthening its offering in sprayed concrete processes.
Founded in 1946, and transferred to the ownership of Sika in 1989, Aliva Equipment is a leading manufacturer of equipment and accessories for the application of sprayed concrete. In addition to classic underground construction, Aliva machines are also used in special civil engineering, on tunnel boring machines and for the application of refractory material in the steel industry. Aliva Equipment’s main operations are in Widen, Switzerland with operations also in Lüdinghausen, Germany and have 50 employees.
Lenz & Staehelin advises Sika on this transaction. The team includes Tino Gaberthüel (partner, corporate/m&a, pictured), Ann Weibel and Xavier Grivel (both m&a), Fabiano Menghini (real estate), Leo Rusterholz (transitional services) and Anja Affolter Marino (employment).
