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Fincea Completes Transfer of Technokolla

Fincea/IT has completed the transfer of Technokolla S.p.A. to Sika AG, a Swiss multinational that manufactures and sells chemical products for the construction industry.

Technokolla has a turnover of around EUR 30 million in over 30 countries and is one of the leading Italian firms in the sector of setting materials for buildings. This transfer is following the recent industrial integration of Graniti Fiandre and Iris Ceramica. Technokolla, which is based in Sassuolo (Modena), operates in the adhesives sector and is present in over 30 countries with turnover in 2010 of around EUR 30 million. Sika AG is present in 74 countries with a turnover of over EUR 3,8 billion and 13500 employees (8/2011).


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