Sika has agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co., Ltd. Hamatite is a market leader in Japan, offering adhesives and sealants to the automotive and construction industries. The acquisition will significantly strengthen Sika’s market position in Japan, increase market access to all major Japanese OEMs, and notably extend the product […]

Sika’s sales growth percentage has reached the double digits so far in 2018. According to the company’s latest financial report, it has seen a 13.9 percent growth in sales within the first half of 2018. Meanwhile, the company has also seen growth in its second quarter. It reported an increase of just over 16 percent. […]

Sika, a waterproofing and specialty construction and industrial materials company, has acquired expansion joint and precompressed sealant manufacturer EMSEAL Joint Systems Ltd. According to a release from EMSEAL, “customer-focus, service and customized solutions leveraged through broad sales partnerships define the company’s success in structural expansion joint sealing. In this acquisition EMSEAL has found common ground […]

Sika Corporation, Industry Division will raise prices on all of its products between 3 percent and 5 percent starting January 1, 2018. Instead of a blanket percentage increase, Sika says it’s adjusted products based on the added material and production costs associated with each technology range to reduce the impact of the price increases. According […]

What does it take for your door and window shop to dominate the web? That was one of many questions seminar presenters answered last week at Glass Expo Northeast™ at the Hilton Long Island/Huntington Hotel in New York. Chuck Bankoff of Kreative Webworks discussed with attendees ways to get leads from the internet, and how […]

Effective April 15, 2017, Sika Corporation, Industry Division will increase prices between 2 percent and 3 percent on products within the fenestration, insulating glass, flat glass, facades and auto glass replacement segments. The company says costs have continued to increase significantly over the past year and this will allow it to continue to provide customers […]

The second day of Fensterbau Frontale in Nuremberg, Germany, featured even bigger crowds and a palpable buzz through the crowded exhibition halls. “The traffic is extreme,” said Zaynip Temiz of machinery maker Elumatec.  “On the first day we had over 130 leads, but today I’d guess it’s double.” “The show here is very special,” said […]

French conglomerate Saint-Gobain has extended its deal with the Burkard family, giving the company more time to acquire a controlling interest in Swiss specialty chemical company SIKA AG. The Burkard family owns SIKA’s majority voting rights via Schenker-Winkler Holding. More than a year ago, SWH announced it was selling to Saint-Gobain, which would give the […]

In 2015, the antitrust authorities gave their “unconditional approval” for French conglomerate Saint-Gobain to gain a controlling interest in Swiss specialty chemicals company SIKA AG, Saint-Gobain management wrote in their 2015 financial report. “Various legal decisions were handed down in favor of the deal’s completion, thereby dismissing all of the arguments put forward by SIKA’s […]

Swiss-based specialty chemical company SIKA AG reported a 5.5 percent sales increase at constant exchange rates for the first nine months of 2015. Though results were strong, the report indicated that one uncertainty remains—Saint-Gobain. “The unknown outcome of Saint‐Gobain’s hostile takeover attempt remains an element of uncertainty for the future,” according to the report. Growth […]