The parent company of New Jersey-based Sika has closed on Elko, Nevada-based shotcrete and grouting agent Thiessen Team USA and its related plant and delivery equipment for mining.
The deal includes Western operations focused on minerals essential to electric vehicle batteries.
The acquisition opens cross-selling potential for Sika mix accelerator and structural fiber offerings, while extending the company’s mining market footprint in the Americas.
Sika officials cite Thiessen Team’s long-established, strong relationships with large mining customers and reputation for “excellent quality, hands-on technical support, and fast reaction times.”
Its Nevada headquarters and Montana satellite production facilities are strategic to large U.S. mines as well, it noted.
Financial and closing details were not disclosed.
Source: Sika