SIKA HAS MADE AN OFFER FOR THE BUILDING ADHESIVES BUSINESS OF AKZONOBEL
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Sika AG /
SIKA HAS MADE AN OFFER FOR THE BUILDING ADHESIVES BUSINESS OF AKZONOBEL
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Sika has made a binding offer of CHF 320 million to acquire the Building
Adhesives Business of the Dutch company AkzoNobel. With annual sales of CHF 228
million, AkzoNobel Building Adhesives is a top-three player in its core European
markets and employs 550 people. With this acquisition, Sika will increase its
product offering for interior finishing in the Flooring, Sealing & Bonding and
Refurbishment markets. The transaction is expected to be completed in the fourth
quarter of 2013.
The Building Adhesives Business of AkzoNobel has a strong focus on the premium
segment through its leading brands Schönox, Cégécol, Casco, Synteko and
EriKeeper. With two production sites in Germany and France and a pan-European
distribution network with nine distribution centers, it supplies its customers
with successful and highly innovative products.
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/1721861/573546.pdf
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Source: Sika AG via Thomson Reuters ONE
[HUG#1721861]
Unternehmensinformation / Kurzprofil:
Datum: 08.08.2013 - 07:01 Uhr
Sprache: Deutsch
News-ID 285823
Anzahl Zeichen: 3046
contact information:
Town:
Baar
Kategorie:
Business News
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