Sika acquires Duochem Inc. in Canada

Sika acquires Duochem Inc. in Canada

ID: 92817

(Thomson Reuters ONE) -
Sika AG /
Sika acquires Duochem Inc. in Canada
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The issuer is solely responsible for the content of this announcement.

Sika acquires Duochem Inc., a privately owned company that develops,
manufactures and sells polymer flooring and waterproofing products for the
construction industry.  Duochem Inc. is located in Boucherville (Quebec) with
annual sales of approximately CHF 9 million.

Sika AG has through its Canadian subsidiary Sika Canada Inc. acquired the
privately owned company Duochem Inc. Headquartered in Boucherville, Quebec,
Duochem was founded more than 40 years ago and has built a strong reputation
based on innovation and quality. The company produces polymer flooring products
for a wide variety of industrial and architectural applications, and
polyurethane waterproofing coatings and membranes used in the protection of
parking decks and concrete structures. The products are manufactured in Quebec
and sold primarily to customers throughout Canada.

The acquisition will enable Sika to further strengthen the leading position and
the market penetration in the region as well as to improve its logistics and
service capabilities. Duochem will operate as a unit of Sika Canada Inc. and the
existing management will remain on board.

Sika AG Contact: Dominik Slappnig
Zugerstrasse 50 Corporate Communications & Investor Relations
CH-6341 Baar, Tel.: +41 58 436 68 21
Switzerland Fax: +41 58 436 68 50
www.sika.com 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, alternative energies,
building components). Sika is a leader in processing materials used in sealing,




bonding, damping, reinforcing and protecting load-bearing structures. 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 76 countries and some 14 000 employees link
customers directly to Sika and guarantee the success of all partners. Sika
generated annual sales of CHF 4.4 billion in 2010. Visit our website
atwww.sika.com.

The media release can be downloaded from the following link:

--- End of Message ---

Sika AG
Zugerstrasse 50 Baar

WKN: 858573;ISIN: CH0000587979;

Media Release:
http://hugin.info/100359/R/1567968/487247.pdf




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originality of the information contained therein.

Source: Sika AG via Thomson Reuters ONE

[HUG#1567968]


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Bereitgestellt von Benutzer: hugin
Datum: 01.12.2011 - 06:00 Uhr
Sprache: Deutsch
News-ID 92817
Anzahl Zeichen: 3506

contact information:
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