Ardex Acquires Majority Interest in Wakol
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Ardex has acquired a majority interest in Wakol, a Germany-based business in the adhesive and packaging industries.
“This cooperation with Wakol is a perfect way for us to increase our systems expertise in the flooring industry massively,” said Mark Eslamlooy, CEO of Ardex. “I cannot imagine having a better partner because like Ardex, Wakol stands for highest technical expertise, quality and innovation. This shared philosophy is the base for our future success.”
With the acquisition, Wakol will continue to operate as an independent entity, and its current location in Pirmasens, Germany, will be expanded to become Ardex’ development center for flooring adhesives in Europe.
For more information, call (888) 512-7339 or visit ardexamericas.com.