Sika Expands Regional Waterproofing Portfolio Through Acquisition of Gulf Seal to Support Vision 2030 and GCC Mega Projects

Sika Expands Regional Waterproofing Portfolio Through Acquisition of Gulf Seal to Support Vision 2030 and GCC Mega Projects

(IN BRIEF) Sika has acquired Gulf Seal, a leading Saudi Arabian producer of bituminous waterproofing membranes, strengthening its presence in the fast-growing construction markets of Saudi Arabia and the wider GCC. Gulf Seal brings more than 20 years of regional expertise, a strong reputation for high-quality waterproofing products, and a Riyadh-based production facility with established export channels. The acquisition expands Sika’s product portfolio, enabling a comprehensive offering that supports major regional projects tied to Vision 2030, FIFA World Cup 2034, and rapid urban development. With complementing product ranges and an enhanced distribution network, Sika aims to capitalize on cross-selling opportunities and deepen its market penetration across the region. Regional Manager EMEA Christoph Ganz highlighted the acquisition as a key strategic move to drive future growth and welcome Gulf Seal’s team into Sika’s global organisation.

(PRESS RELEASE) BAAR, 20-Nov-2025 — /EuropaWire/ — Sika has strengthened its presence in the Middle East by acquiring Awazil Al Khaleej Industrial Co., widely known as Gulf Seal, a leading producer of bituminous waterproofing membranes headquartered in Riyadh. The acquisition significantly bolsters Sika’s foothold in both the Saudi Arabian and broader GCC construction markets, enhancing its ability to meet rising regional demand driven by accelerated development and mega-project activity.

Gulf Seal, founded over two decades ago by Khaled Al Mogbel in partnership with French company SMAC, has built a strong reputation for dependable and high-quality waterproofing solutions. Its extensive portfolio of bituminous membrane products is widely used across major building and infrastructure projects in Saudi Arabia and neighbouring countries. With offerings that align closely with Sika’s existing technologies, the acquisition creates a unified, market-leading waterproofing platform that will serve a broader customer base and deepen Sika’s reach in the region.

The company’s local manufacturing presence in Riyadh, along with established export channels throughout the GCC, gives Sika a robust operational foundation to expand production, accelerate distribution, and better support customers across the region. Integrating Gulf Seal enhances Sika’s ability to capture opportunities linked to Saudi Arabia’s Vision 2030, preparations for the FIFA World Cup 2034, and major urban development initiatives underway across the Kingdom.

With Gulf Seal’s products added to Sika’s extensive range, the enlarged portfolio creates significant potential for cross-selling into large-scale construction programmes. Supported by Sika’s strong regional sales organisation, the combined distribution network will bring a more powerful product lineup to contractors, developers, and commercial clientele.

Christoph Ganz, Regional Manager EMEA at Sika, stated that the acquisition marks a major milestone in expanding the company’s waterproofing capabilities in one of the world’s fastest-growing construction markets. He noted that Gulf Seal’s established market position and local production strengths, paired with Sika’s global expertise and broad technology offering, will unlock significant opportunities for long-term growth across the GCC. He also expressed enthusiasm in welcoming Gulf Seal’s team into the Sika family.

SIKA CORPORATE PROFILE

Sika is a specialty chemicals company with a globally leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building sector and industrial manufacturing. Sika has subsidiaries in 102 countries around the world and, in over 400 factories, produces innovative technologies for customers worldwide. In doing so, it plays a crucial role in enabling the transformation of the construction and transportation sector toward greater environmental compatibility. With more than 34,000 employees, the company generated sales of CHF 11.76 billion in 2024.

Media Contact:

Dominik Slappnig
Corporate Communications and
Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com

SOURCE: SIKA AG