Sika Acquires Automotive Glass Replacement Adhesive Systems Business

Sika AG announces that its U.S. subsidiary, Sika Corporation, has acquired the automotive glass replacement business of ADCO Products, Inc. (“ADCO”).

The transaction closed on March 8, 2010. The business acquired reaches an annual turnover of approximately US$ 6-7 million and will be integrated into Sika’s Aftermarket Business Unit in the United States and its Industry Division in Canada and Latin America.

As part of the transaction, Sika acquired the rights to the “Titan” brand name of auto glass adhesives. Also, 4 employee sales representatives from ADCO’s AGR (Automotive Glass Replacement) division are expected to join Sika’s existing 21 person sales force which is currently the largest sales force in the US AGR Market.

Sika Corporation is based in Lyndhurst, New Jersey. -END-

600450 Sika Acquires Automotive Glass Replacement Adhesive Systems Business glassonweb.com

See more news about:

Others also read

We look forward to working with you in the New Year and assisting you in any way that we can to ensure the continual success of your business!Best wishes for a Happy Holiday Season and our sincere thanksfor your support and goodwill throughout the year!We will come back with fresh news on January 3, 2011.
Safti First, San Francisco, leading manufacturer of fire rated glass and framing solutions, is proud to announce the release of the mySAFTI app, an interactive design tool that takes the guesswork out of choosing the correct fire rated glass product.
The National Fenestration Rating Council (NFRC) announced that Steve Johnson, John McFee, and Joe Jonely will serve as committee chairs for the ratings, accreditation and certification policy committees respectively.
Company signs an exclusive license with Kelowna Motors, a well-established and highly reputable British Columbia- based MAZDA Dealer Diamon-Fusion International, Inc. (DFI Nanotechnology), global developer and exclusive licensor of patented hydrophobic nanotechnologies, announced today it has signed an exclusive license with Kelowna Motors, a well-established and highly reputable British Columbia-based MAZDA dealer, according to Guillermo Seta, corporate vice president and executive director.
The Middle East market is becoming a new and promising destination for local construction material producers to explore in the coming years.
Top Gear Live is a live arena show of the award winning TV program Top Gear. The live show features breath-taking stunts, remarkable special effects and epic driving sequences.

Add new comment