Sika is continuing to increase its production capacity in Russia through new and expansion investments. In Volgograd, in southern Russia, a mortar factory and a plant to produce concrete admixtures are being opened. At the existing site in ...
Tags: concrete admixtures, polymers
Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
Sika achieved "highly dynamic growth" in the first quarter of 2015, thereby making a strong start to the year despite the very high sales growth in the reference period (2014: 23.3%). At constant exchange rates, sales rose by 5.1% to CHF ...
As part of its growth strategy, Sika is further expanding its presence in the Asia Pacific region by founding a subsidiary company in Myanmar and opening a new production plant in Sri Lanka. This will help the company to further utilize ...
Tags: Sika, new production plant, Construction
Sika has agreed to acquire Construction Technologies Australia Pty Ltd (CTA), one of the leading suppliers of tile adhesives and associated mortar products in Australia. CTA generated sales of CHF 22 million in 2014 and has 51 employees. ...
Sika, a producer of textile adhesive solutions for the global textile lamination industry is participating at Techtextil Frankfurt, Germany, which runs from May 4-7, 2015. Sika’s wide range of soft lamination adhesives finds ...
Tags: Textile Adhesive, Sika, textile lamination
The opposition of the shareholders of Sika AG to the hostile takeover bid by Saint-Gobain continues to mount. So far, investors who together hold over 40 percent of the share capital have expressly stated their support for the course ...
Tags: pension funds, prominent institutional investors, Construction
After closely analyzing the claim made by Schenker-Winkler Holding AG (SWH) to convene an early extraordinary General Meeting, the Board of Directors of Sika AG has made the following decisions: In the view of the Board of Directors, the ...
Tags: Voting Rights, Construction
The international investors Cascade Investment L.L.C., Bill & Melinda Gates Foundation Trust, Fidelity Worldwide Investment and Threadneedle Investments together holding 8.61% of Sika`s share capital (4.62% of the voting rights) have ...
Tags: long-term prospects, welfare, Construction
Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...
Tags: emerging markets, Construction
France-based Saint-Gobain is in the process of putting its glass packaging unit Verallia up for sale to focus on higher-margin home and construction products, with Ardagh confirming that it is monitoring the sale of the unit. The company ...
The Board of Directors and the Group Management of Sika were informed Friday evening, December 5, 2014, that the French Group Saint-Gobain intends to indirectly acquire all shares held by the Burkard family, Sika's current majority ...
Tags: Saint-Gobain, shareholder, Construction
Sika is further expanding its research and development activities. In the presence of His Royal Highness, Prince Edward Duke of Kent, Sika has opened a state-of-the-art research facility in Preston in northwest England. Sika employs around ...
Tags: Sika, Liquid Plastics, Construction
Sika has announced that half of all the cars produced worldwide - approximately 40 million vehicles per year - contain one of its products. One in four car windshields is adhesively bonded using Sika products. These “invisible” ...
Tags: Sika Products, vehicles
Sika is expanding its presence in the Asia/Pacific Region with the establishment of Sika Sri Lanka. This represents another milestone in Sika‘s ambitious growth strategy, with a clear focus on the accelerated build-up of operations in ...
Tags: Sika, Opens, Construction