Sika (Baar, Switzerland) has acquired Thiessen Team USA (Elko, Nevada, USA), a U.S. manufacturer of shotcrete and grouting products for the mining industry. The acquisition will open up significant cross-selling potential and support Sika’s expansion in the U.S. mining market, which produces essential minerals for the growing electrical vehicle (EV) industry.
A family-owned business serving the mining industry in the western U.S., Thiessen has built strong and long-established relationships with large mining customers and earned a reputation for excellent quality, hands-on technical support, and fast reaction times. The company operates two production facilities — strategically located close to large mines in the western U.S. — that excavate materials essential for the production of EV batteries.
Increasing sustainability requirements in mining operations represents a significant potential for Sika’s robust range of solutions. For instance, Sika’s cement-free concrete technology is already used to backfill shafts in the world’s largest iron ore mine in Sweden and will now be rolled out in the entire Americas region. Like its acquisition of King Packaged Materials Company in 2019, Sika’s acquisition of Thiessen will enable the company to improve access to mining projects in the Americas. In turn, Sika products such as structural fibers, shotcrete accelerators, and backfilling solutions will also complement Thiessen’s present offerings.
“The acquisition of Thiessen supports our expansion in the exciting mining business in the USA and provides Sika with a wider presence in mining across the Americas region,” says Christoph Ganz, regional manager Americas. “The offerings of Sika and Thiessen are highly complementary and open up significant cross-selling potential with new and existing mining customers. We look forward to a successful joint future and would like to extend a very warm welcome to the Thiessen employees as they join the Sika team.”
Source: Sika, https://usa.sika.com.