12 March 2010 – Sika AG announces that its subsidiary Sika (Japan) Ltd. has acquired the construction sealant business of Henkel Japan Ltd.
The acquired business includes the well-known trademarks, Bellace and Duribbon, which are well established in the Japanese construction market with annual sales of JPY 1115 mn (approx. CHF 12.3 mn). With this acquisition, Sika will complement its Sikaflex range and strengthen its market position in the Japanese construction sealant market. Relevant sales and technical employees have agreed to transfer to Sika (Japan) Ltd.
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
