1 June 2010 – Sika AG has acquired a majority stake in Dyflex HD Co., Ltd., Japan. Dyflex is the market leader in liquid waterproofing in Japan with well established brands and channels. The consolidated net sales in 2009 were approximately JPY 14 billion (about CHF 165 million) with around 350 employees.
Dyflex was established in 1964 by Mr. Keisei Miura. The founder and CEO, Mr. Keisei Miura will stay with the company to drive the continuous success and further development of the business and to ensure a smooth transition.
This acquisition enables Sika to take a big step forward into the Japanese construction chemical market. Dyflex’s products and technologies are complementary to Sika’s and will be rolled-out to other countries through the global sales network of the Sika Group. Dyflex’s customer base and sales channels present significant potential to Sika for cross-selling. With the combined product range Sika can offer complete waterproofing systems and solutions to the customers.
About Sika AG
Sika AG, located in Baar, Switzerland, is a globally active company supplying the specialty chemicals markets. It is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures in construction (buildings and infrastructure construction) and in industry (vehicle, building component and equipment production).
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. Subsidiaries in more than 70 countries worldwide and approximately 12,000 employees link customers directly to Sika and ensure the success of all our partners. Sika achieves annual sales of CHF 4.2 billion. Visit our website at www.sika.com.
CONTACT
Rainer Weihofen
Corporate Communications & Investor Relations
Tel.: +41 58 436 68 00
Fax: +41 58 436 68 50
weihofen.rainer@ch.sika.com
