Sika has made an offer for the Building Adhesives Business of Akzonobel

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.

600450 Sika has made an offer for the Building Adhesives Business of Akzonobel
Date: 9 August 2013
Source: Sika

See more news about:

Others also read

The Education Center Erasmus MC Rotterdam has won the Rotterdam Architecture Award. From a shortlist of 25 entries, the jury has chosen the design of Claus & Kaan Architecten.
Tecglass is one of the leading companies that design and develop a range of innovative Digital Printers for the glass industry.
Dr Henry Snaith of the University of Oxford has been named as one of the ten people who have made the most difference in science during 2013 in recognition of his work on next generation solar power technology.
Coverings ETC’s Bio-Glass in “Topaz Blue” designed by Ofer Mizrahi was bestowed the Interior Innovation Award-Winner 2013, the prestigious international design award of the German Design Council.
2013 Deep Research Report on China LOW-E Glass Industry was professional and depth research report on China Low-E Glass (LOW-Emissivity Glass) industry.
We would like to express our sincere thanks to GlassOnWeb visitors, friends, members and supporters.Thank you all so much for being a part of it!Warmest thoughts and the best wishes for Merry Christmas and a New Year filled with peace, love, joy and lasting happiness.

Add new comment