Sika stock: UAE Duproof deal adds local waterproofing capacity

Sika acquired Dubai-based waterproofing manufacturer Duproof on October 26, 2026, strengthening its position in the United Arab Emirates construction market. The company announced the transaction in a press release carried by Globenewswire. Financial terms were not disclosed.

Sika stock traded at 194.10 euros on Lang & Schwarz at 10:11 CET on Friday, October 30, 2026.

Local production supports regional growth

Duproof manufactures bituminous waterproofing membranes used in major construction projects across the UAE. Sika said the acquisition expands its locally sourced product offering and supports its ability to serve infrastructure, residential and non-residential projects from within the market.

The Dubai-based company brings an established brand among contractors and applicators as well as a strategically located production site. Sika plans to integrate Duproof's membrane products into specifications for major projects, using its existing sales organization and customer relationships to broaden the combined offering.

The transaction also adds a second route to customer access. Duproof's products will be distributed through Sika UAE's network, while Sika gains access to Duproof's relationships with contractors and applicators. Management said the combined channels should create cross-selling opportunities and help Sika increase its share of wallet in major projects.

Middle East supply chain gains capacity

The new UAE facility complements Sika's existing manufacturing footprint in Saudi Arabia and Egypt. In the company's account, the additional site strengthens its regional waterproofing platform and improves local manufacturing and distribution capabilities across the Middle East.

Christoph Ganz, Sika's Regional Manager for Europe, the Middle East and Africa, said the acquisition would strengthen the regional supply chain. He described Duproof's customer relationships and product range as complementary to Sika's existing business and said the company would use its sales organization to pursue cross-selling opportunities.

For investors, the transaction expands Sika's regional operating platform but does not include disclosed purchase-price, revenue or earnings targets. The immediate investment case therefore rests on the potential for broader product coverage, local supply and deeper contractor access rather than on a quantified contribution from Duproof.

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