Sika acquires leading Turkish manufacturer of sealants and adhesives

 Sika acquires leading Turkish manufacturer of sealants and adhesives
Photo source
www.sika.com
Sika has acquired ABC Sealants, a leading Turkish-based manufacturer of sealants and adhesives.

The acquisition will strengthen Sika’s market position in Turkey and further establish Sika as a comprehensive supplier of solutions for interior finishing applications.

ABC Sealants is a highly regarded brand in the Turkish building materials market with a strong presence in the distribution business. Based in Istanbul, the company runs a manufacturing facility producing a wide range of construction sealants and adhesives.

The acquired production site will not only improve Sika’s ability to serve customers in the Turkish market but will also function as a distribution and production hub for the Middle East and Africa, reinforcing the supply chain in this region.

With the wider product range and improved access to professional distribution channels, the two companies will profit from extensive cross-selling opportunities.

Ivo Schädler, Regional Manager EMEA: “This acquisition provides us with a solid production platform to further expand the sealant and adhesive business in Turkey as well as in the Middle East and Africa. We welcome the new employees into the Sika team and look forward to growing our business together”.  

600450 Sika acquires leading Turkish manufacturer of sealants and adhesives glassonweb.com

See more news about:

Others also read

Sika, the Burkard family and Saint-Gobain have signed agreements which terminate and resolve their dispute to the common benefit of all parties involved and that of their respective shareholders and stakeholders.
In 2009, pharmaceuticals company Novartis Pharma AG embarked on an expansion project and called on renowned architect Frank O. Gehry, of Gehry Partners LLP, to design the new building.
Şişecam Group reported consolidated net sales of TL 3.1 billion and a net profit of TL 569 million in the first quarter ended March 31, 2018. The Group's consolidated EBITDA reached TL 907 million for the same period.
Soreg AG from Wädenswil in Switzerland became part of Schüco International KG on 3 May 2018.
Şişecam Glass Packaging has won the ‘Golden Design Award’ with its Frederik beer glass bottle.
ISO-CHEMIE’s expanding foam sealing tape has been specified for a low carbon housing project, which incorporates the latest developments in sustainable building Technologies.

From industry

Portuetxe bidea 18
20018 San Sebastián (Gipuzkoa) Guipúzcoa
Spain

NEWS RELATED PRODUCTS

Add new comment