SIKA ACQUIRES LEADING UK MANUFACTURER OF SEALANTS AND ADHESIVES
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Sika AG /
SIKA ACQUIRES LEADING UK MANUFACTURER OF SEALANTS AND ADHESIVES
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Sika has acquired Everbuild Building Products Ltd, UK's largest independent
manufacturer of sealants, adhesives and construction chemicals. Everbuild is
located in Leeds with annual sales revenue of over CHF 90 million and a
workforce of 270 employees.
Everbuild, founded in 1994, is a highly reputed brand in the UK building market
and the leader in professional distribution channels. Based in Leeds, the
company runs a manufacturing facility for the full range of construction
chemical products with laboratories and a logistic hub. Everbuild will operate
as a subsidiary of Sika UK and will be led by the existing management team. Its
founder David Seymour will stay with the company to drive the continued success
of the business and ensure a smooth transition. David Seymour: "With Sika we
have the possibility to further grow our business and to benefit from the broad
R&D capabilities for further product innovation".
The acquisition will strengthen Sika's position in the construction chemical
market and in the professional distribution and do-it-yourself channels. Jan
Jenisch, CEO of Sika: "We are very proud to welcome the successful team of
Everbuild in the Sika family. The acquisition will give us a strong position in
the UK distribution market and offers considerable potential to further leverage
Everbuild's sales channels with Sika's product range."
Sika UK is based in Welwyn Garden City in the North of London and operates
further facilities in Preston, in the North-West of Manchester as well as in
Norwich, in the East of England.
SIKA AG Zugerstrasse 50 CONTACT Dominik Slappnig
CH-6341 Baar, Corporate Communications &
Switzerland Investor Relations
www.sika.com TELEPHONE +41 58 436 68 21
E-MAIL slappnig.dominik(at)ch.sika.com
Sika AG Corporate Profile
Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals
company. Sika supplies the building and construction industry as well as
manufacturing industries (automotive, bus, truck, rail, solar and wind power
plants, façades). Sika's product lines feature high-quality concrete admixtures,
specialty mortars, sealants and adhesives, damping and reinforcing materials,
structural strengthening systems, industrial flooring as well as roofing and
waterproofing systems. Worldwide local presence in 80 countries and some 15 200
employees link customers directly to Sika and guarantee the success of all
partners. Sika generated annual sales of CHF 4 829 million in 2012.
The media release can be downloaded from the following link:
Media Release:
http://hugin.info/100359/R/1709775/566718.pdf
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Source: Sika AG via Thomson Reuters ONE
[HUG#1709775]
Unternehmensinformation / Kurzprofil:
Datum: 17.06.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 270063
Anzahl Zeichen: 3847
contact information:
Town:
Baar
Kategorie:
Business News
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