ARDEX New Zealand

Name

ARDEX New Zealand

Legal name

ARDEX New Zealand Limited

Website

https://ardex.co.nz

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Construction Chemicals & Building Materials

NAICS

Paint, Coating, and Adhesive Manufacturing (3255), Chemical Manufacturing (325)

SIC

Adhesives & Sealants (2891)

akta.pro primary industry

Construction Chemicals (Additives, Admixtures & Grouts) (IMAEABAC)

akta.pro secondary industries

Concrete Repair, Crack Injection & Grouts (IMADAOAD), Industrial Rubber Adhesives, Cements & Repair Materials (IMANALAJ)

Keywords

• Construction chemicals
• Waterproofing membranes
• Tile adhesives
• Building materials
• Floor levelling compounds

Headquarters

HQ city

Manukau

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Building Materials Sales: ARDEX New Zealand generates revenue through the sale of construction chemical products including waterproofing membranes, tile adhesives, grouts, screeds, levelling compounds, concrete repair mortars, and related installation accessories. Products are sold through a network of stockists and directly to trained applicators and contractors.
2. Training and Technical Services: The company provides training academy services, CPD (Continuing Professional Development) training for architects and specifiers, and technical support including on-site consultation for complex projects. These services support product sales and specification decisions.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

ARDEX New Zealand manufactures and supplies construction chemical systems including waterproofing membranes (WeldTec, Butynol, liquid and torch-applied systems), tile and stone installation products (adhesives, grouts, silicones), flooring systems (screeds, levelling compounds, primers), and concrete repair mortars. Products are sold under the SystemARDEX integrated approach, combining compatible products with system warranties for substrate preparation and surface installation in commercial, residential, and infrastructure projects.

Product overview

ARDEX New Zealand is a building materials manufacturer offering a comprehensive portfolio of construction products organized into distinct system categories. The portfolio includes Waterproofing Systems (WeldTec membranes including WPM 1500, WPM 1000, WPM 717, torch-applied membranes WPM 195/196, Butynol rubber membranes, liquid membranes WPM 002/300, and accessories), Tile & Stone Installation Systems (tile adhesives X 10/X 18/WA 100, grouts FG 8/EG 15/FS-DD, silicones, primers), Flooring Systems (subfloor preparation, levelling compounds, primers, adhesives, screeds, moisture barriers), General Construction (concrete repair mortars, crack injection systems RA 142, joint sealants), and Tools and Accessories. The wedi brand (acquired by ARDEX Group) provides bathroom and wet room systems. Key product lines include the WeldTec membrane technology range for roofing and tanking applications, SystemARDEX complete tiling systems, and Butynol synthetic rubber membranes. Products are supported by training academy, technical support, CAD drawings, and warranty programs. ARDEX positions itself as a complete system provider rather than single-product supplier.

Differentiator

Problem solved

Functional benefit

Brands

• wedi: Building and bathroom systems brand, now part of the ARDEX Group, offering waterproof building systems for bathroom, wet room, building, and shower applications
• Butynol
• WeldTec
• SystemARDEX
• PANDOMO

Products and services

• ARDEX WPM 1500 WeldTec Below-Grade Tanking Membrane A weldable below-grade tanking membrane with welded laps and seams for fast and secure installation, featuring excellent flexibility at all temperatures. Specifically tested for New Zealand geothermal regions to prevent sulphur gas and water corrosion of concrete.
• ARDEX WPM 002 Undertile Liquid Waterproofing Membrane Rapid-drying, two-component undertile liquid waterproofing membrane with advanced acrylic formulation that will not re-emulsify. Fibre-reinforced and fast-curing for undertile applications.
• ARDEX X 18 Tile Adhesive Fibre reinforced flexible non-slump wall and floor tile adhesive with excellent workability and low sand content, providing extra strength for bonding tiles in demanding applications such as swimming pools and external areas.
• ARDEX X 10 Grey Tile Adhesive Flexible non-slump wall and floor tile adhesive ideal for large format and heavy tiles, featuring extended open time for installation flexibility.
• ARDEX EG 15 Epoxy Grout High-performance epoxy grout suitable for areas of strict hygiene standards including swimming pools. Will not discolour after prolonged contact with pool chemicals, with easy clean up.
• ARDEX WPM 1000 WeldTec Undertile Membrane WeldTec external undertile waterproofing membrane specifically designed for external waterproofing under directly adhered tiled surfaces. Acts as a decoupling membrane to reduce risk of cracked tiles and grout from substrate movement, vibration, and thermal movement. Manufactured locally in New Zealand.
• Butynol Synthetic Rubber Membrane Single-ply, flexible synthetic rubber membrane with properties which resist ageing from heat, sunlight, and ozone. Has excellent gas impermeability and toughness, remains flexible at low temperatures, and protects against water, moisture vapour, gases, sun, ozone, frost, acids, chemicals and bacteria. AS4020 potable water certified.
• ARDEX WPM 114 Vented Base Sheet 4.0mm APP bitumen vented base sheet with excellent elongation and flexibility. Designed for use where there may be potential moisture issues in the substrate, with venting properties that allow moisture to vent through channels in the membrane.

Quantifiable outcome

• ARDEX WPM 1500 used across 7000m² at Wai Ariki Hot Springs Spa to prevent geothermal sulphur gas corrosion
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• wedicoreStrategic or Co-development Partnerwedi is now part of the ARDEX Group, providing bathroom and wet room systems, building systems, shower systems, and system accessories. The partnership provides design diversity, modular simplicity in installation, and reliability for tiled surfaces and wet areas.
• MasterspeccoreStrategic or Co-development PartnerPartnership with Masterspec enables ARDEX products to be integrated directly into architectural specifications, streamlining the specification process for architects and specifiers using the Masterspec platform.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ARDEX Australia: Sister subsidiary of ARDEX Group operating in Australia with an almost identical product portfolio (waterproofing, tiling, flooring systems). Most directly comparable peer given shared product lines, brand portfolio (WeldTec, Butynol), and similar specifier/applicator channel model in a neighbouring market.
• Equus Industries: NZ-based manufacturer of waterproofing membranes, coatings, and construction chemical systems. Competes head-to-head with ARDEX NZ in roofing and below-grade waterproofing for the NZ construction market, with comparable channel and customer overlap.
• Fosroc New Zealand: Fosroc supplies construction chemicals including waterproofing membranes, concrete repair mortars, grouts, and sealants across NZ. A direct competitor to ARDEX NZ in waterproofing, concrete repair, and tiling systems with overlapping customer base in commercial construction.
• Mapei New Zealand: Mapei is a global construction chemicals manufacturer with NZ operations offering tile adhesives, grouts, waterproofing, and concrete repair systems. Directly competes with ARDEX NZ across most product categories and targets the same contractor/architect segments.

Broad incumbents

• Sika AG: Global Swiss construction chemicals major with waterproofing, sealing, bonding, and flooring portfolios. Operates broadly across NZ/Australia and competes with ARDEX NZ in commercial waterproofing and concrete repair, though Sika is far larger and diversified across many construction categories.
• Bostik: Global adhesives and sealants manufacturer (Arkema subsidiary) with presence in NZ tile adhesives, sealants, and waterproofing. A broader incumbent offering overlapping products to similar construction industry customers, though Bostik is not as waterproofing-specialised as ARDEX.
• BASF Master Builders Solutions: BASF's construction chemicals division offering concrete repair, waterproofing, sealants, and flooring systems globally. Overlaps with ARDEX NZ's concrete repair and waterproofing lines and targets the same infrastructure and commercial construction segments.

Others

• Henkel Adhesive Technologies: Global adhesives major with construction adhesives and sealants in industrial channels. Less direct overlap with waterproofing but comparable in tile-installation adhesives and is a potential channel partner or competitor in select categories.

Regional players

• Selleys (DuluxGroup): Leading ANZ adhesives and sealants brand (part of DuluxGroup) including silicone sealants, construction adhesives, and tile grouts. Overlaps with ARDEX NZ's sealant and adhesive SKUs but is consumer/DIY-skewed, whereas ARDEX NZ focuses on trade.
• Construction Chemicals (Aus/NZ): Australia/NZ-focused construction chemicals supplier offering waterproofing, concrete repair, and tiling systems. Comparable mid-sized competitor serving the Australasian market with similar channel structure through stockists and applicators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCVmKCIHAHcH79tKQ7OXIGcg
• Facebookfacebook.com/ARDEXNZ
• LinkedInlinkedin.com/company/ardex-new-zealand-ltd
• Instagraminstagram.com/ardexnewzealand

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ARDEX New Zealand