AkzoNobel to divest Building Adhesives business to Sika
AkzoNobel announced that it has received a binding offer for the purchase of its Building Adhesives business by Sika AG for €260 million. Building Adhesives generated annual revenues of €185 million in 2012.
The transaction, which is expected to be completed in the fourth quarter of this ye ... more
Sika acquires Duochem Inc. in Canada
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 ... more
Sika AG: Still growing strong
Sika increased sales by 17.2% in local currencies in the first nine months of the year. The company witnessed double-digit growth in all regions apart from Europe South. The result for the third quarter was also pressured by continually rising raw material prices and currency effects.
Sales ... more