Sika expands presence in West Africa
Sika is expanding its presence in West Africa through the establishment of a new national subsidiary in Senegal, following those in Nigeria, Ivory Coast and Cameroon. After Ivory Coast, Senegal is the country with the fastest growth in the region.
A local production facility for concrete admixtures is already being planned, which will subsequently be expanded to include mortar products. The company has a strong presence in Africa, with 19 national subsidiaries and 17 factories.
Paul Schuler, Sika Regional Manager EMEA: “We are positioning ourselves early in emerging markets such as Senegal. Large-scale investment projects in infrastructure, transport, energy and water combined with recently discovered oil reserves will contribute to this emerging country’s development. Our growth strategy in Africa is paying off.
Over the last five years we have increased sales by an average of 22% per year.”