PAREX at a Glance
PAREX is a fast-growing international construction chemical company providing specialty solutions to the building and construction industry.
With 4,500 employees in 23 countries, 74 manufacturing facilities, 2 group R&D centers in France and China, the Group achieved 1.034 Billion euros (before IAS 29) in sales in 2018. Our presence is strong in Western Europe, Asia Pacific, South and North America, North Africa and the Middle East. Our product lines include:
- Facade Protection and Decoration
- Tile Settings Materials
- Waterproofing Systems and Technical Solutions
PAREX today has a unique character and definite advantages compared to its competitors: a high quality portfolio of products, strong local brands, dynamic teams, who are autonomous and accountable, and who are supported by a lean corporate team.
PAREX brings innovation, aesthetics and sustainability to construction. Our reputation as the preferred partner of local building communities is based on our pragmatism and sense of service, reflected in the valued and profitable solutions we deliver to the industry, including applicators, distributors, architects and builders. PAREX combines strong brands (Parexlanko in France, Davco in Asia, Klaukol in Argentina…) with global expertise in R&D, technical assistance, manufacturing, engineering, distribution services and marketing. Our culture is first and foremost that of entrepreneurs. For us, “think locally, leverage globally” reflects our strong belief in empowering the local teams who drive our business while capitalizing on our global expertise through regional and worldwide open networks. Our decentralized structure provides local management teams with an efficient degree of autonomy guaranteeing a strong focus on the local business requirements. This local autonomy coupled with transparent financial management has proved highly beneficial for our partners and clients.
Since the 23 of May, PAREX is part of Sika, a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and motor vehicle industry.
Sika represents a great platform to continue to deliver on PAREX’s ambitious growth plan and the combination creates new exciting opportunities in terms of offering new solutions to our customers and continuing our geographic expansion.