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CiDRA Holdings Announces the Spin-out of Its Concrete Quality Systems Business into a Standalone Company

CiDRA Holdings Announces the Spin-out of Its Concrete Quality Systems Business into a Standalone Company
CiDRA Holdings Announces the Spin-out of Its Concrete Quality Systems Business into a Standalone Company
CiDRA Holdings has a twenty-year history of conceiving, developing and building leading edge companies and then spinning them out as standalone businesses. CiDRA Concrete Systems, Inc. (CiDRA Concrete) is the latest example of this proven business model in action.
CiDRA Concrete, headquartered in Eden Prairie, Minnesota, is an IoT based business that provides real time data that continuously measures the concrete quality from the batch plant to the job site via concrete Ready-Mix trucks. This data is captured through the Companys proprietary SMARThatch sensor mounted on each truck. The data is then delivered for cloud-based access via on-board telematics allowing for real time concrete quality data to be immediately available to the concrete producer. This ....

United States , Eden Prairie , Kevin Didden , Cidras Smarthatch , Scott Anderson , Cidra Holdings , Cidra Holdings Digital , Cidra Concrete Systems Inc , Technology Group , Construction Tech , ஒன்றுபட்டது மாநிலங்களில் , ஈடன் ப்ரேரீ , ஸ்காட் ஆண்டர்சன் , சிட்ரா ஹோல்டிங்ஸ் , சிட்ரா ஹோல்டிங்ஸ் டிஜிட்டல் , சிட்ரா கான்கிரீட் அமைப்புகள் இன்க் , தொழில்நுட்பம் குழு , கட்டுமானம் தொழில்நுட்பம் ,

SALES GROWTH OF 3.4% IN LOCAL CURRENCIES FOR 2020 – STRONG Q4 INCREASE OF 5.5%

Sales growth of 3.4% in local currencies for 2020 – strong Q4 increase of 5.5%
Sales increase of 3.4% in local currencies – 2020 sales at CHF 7.88 billion (–2.9% in CHF)
Strong growth of 5.5% in the fourth quarter (organic: 4.1%)
Completion of acquisition of Adeplast (Romania), takeover of Modern Waterproofing Group (Egypt), expansion of partnership with CiDRA Concrete Systems (United States)
Establishment of new factories in Colombia and China, alongside factory expansions in the United Arab Emirates, France, and Switzerland
For 2020, Sika is anticipating an over-proportional increase in EBIT and an EBIT margin of around 14%
Confirmation of 2023 strategic targets for sustainable, profitable growth
2020 was a year characterized by the deep-rooted challenges caused all around the world by COVID-19. Lockdowns – in many cases prolonged – in most of the hundred countries in which Sika is active resulted in significant restrictions on constructio ....

United Arab Emirates , United States , France General , United Kingdom , Eden Prairie , New Zealand , Gournay En Bray , Haute Normandie , Dominik Slappnig , Paul Schuler , Corporate Communications , Group Egypt , Cidra Concrete Systems Inc , Group Management , Swiss Technology Award , Modern Waterproofing Group , Chief Executive Officer , Middle East , Eastern Europe , Target Market , Modern Waterproofing , North America , Latin America , Systems Inc , Southeast Asia , Annual General ,

CiDRA Holdings Announces the Spin-out of Its Concrete Quality Systems Business into a Standalone Company

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CiDRA Holdings has a twenty-year history of conceiving, developing and building leading edge companies and then spinning them out as standalone businesses. CiDRA Concrete Systems, Inc. (“CiDRA Concrete”) is the latest example of this proven business model in action.
CiDRA Concrete, headquartered in Eden Prairie, Minnesota, is an IoT based business that provides real time data that continuously measures the concrete quality from the batch plant to the job site via concrete Ready-Mix trucks. This data is captured through the Company’s proprietary SMARThatch sensor mounted on each truck. The data is then delivered for cloud-based access via on-board telematics allowing for real time concrete quality data to be immediately available to the concrete producer. This subscription-based data service and the data generated provides for faster response to concrete quality variability during transp ....

United States , Eden Prairie , Kevin Didden , Scott Anderson , Cidra Holdings , Cidra Holdings Digital , Cidra Concrete Systems Inc , Technology Group , Construction Tech , Concrete Systems , ஒன்றுபட்டது மாநிலங்களில் , ஈடன் ப்ரேரீ , ஸ்காட் ஆண்டர்சன் , சிட்ரா ஹோல்டிங்ஸ் , சிட்ரா ஹோல்டிங்ஸ் டிஜிட்டல் , சிட்ரா கான்கிரீட் அமைப்புகள் இன்க் , தொழில்நுட்பம் குழு , கட்டுமானம் தொழில்நுட்பம் , கான்கிரீட் அமைப்புகள் ,

Investegate |Sika AG Announcements | Sika AG: SIKA EXPANDS COOPERATION WITH US-BASED CIDRA CONCRETE SYSTEMS

SIKA EXPANDS COOPERATION WITH US-BASED CIDRA CONCRETE SYSTEMS
SIKA EXPANDS COOPERATION WITH US-BASED CIDRA CONCRETE SYSTEMS
Sika is expanding its cooperation with CiDRA Concrete Systems Inc., headquartered in Eden Prairie, Minnesota, and has completed a growth equity investment agreement to supplement its existing global relationship. CiDRA specializes in IoT-based digital systems to monitor concrete properties during transport. Sika and CiDRA already offer this service to customers in the US and Canada – now concrete producers in other countries will follow.
CiDRA Concrete Systems is a market leader in digital monitoring and information systems for concrete loads in trucks. High-precision on-board systems measure the quality of the concrete during its transport from the batching plants to the job sites. Currently customers in the US and Canada benefit from this offering through a data subscription service, enabling concrete producers to access real-time concrete qua ....

United States , Eden Prairie , Kevin Didden , Dominik Slappnig , Scott Anderson , Phillippe Jost , Cidra Minerals Processing Incorporated , Corporate Communications , Cidra Concrete Systems Inc , Swiss Technology Award , Systems Inc , Head Construction Sika , ஒன்றுபட்டது மாநிலங்களில் , ஈடன் ப்ரேரீ , ஸ்காட் ஆண்டர்சன் , பிலிப் ஜொஸ்ட் , சிட்ரா தாதுக்கள் ப்ரோஸெஸிஂக் இணைக்கப்பட்டது , பெருநிறுவன தகவல்தொடர்புகள் , சிட்ரா கான்கிரீட் அமைப்புகள் இன்க் , சுவிஸ் தொழில்நுட்பம் விருது , அமைப்புகள் இன்க் , தலை கட்டுமானம் சிகா ,