Du är här

2014-05-19

Sika AG: SIKA ACQUIRES SWISS ADHESIVES MANUFACTURER KLEBAG

Sika AG / SIKA ACQUIRES SWISS ADHESIVES MANUFACTURER KLEBAG. Processed and
transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely
responsible for the content of this announcement.
Sika is acquiring the business of Klebag Chemie AG, a manufacturer of
adhesives for the sealing, bonding and flooring markets. The
takeover strengthens Sika's position in the Swiss interior finishing sector.
Last financial year, Klebag generated net sales of CHF 12 million.

Klebag Chemie AG has developed a comprehensive range of adhesives, coatings
and fillers for the interior finishing market in Switzerland. The company has
a strong customer base and is known to provide a high standard of customer
service, technical support and training.

After the acquisitions of Akzo Nobel's Building Adhesives business, Everbuild
Building Products and Optiroc in 2013, as well as Technokolla in 2011, this
takeover represents another step in the strengthening of Sika's position in
the interior finishing sector.

Paul Schuler, Regional Manager EMEA: "This acquisition will provide Sika with
a solid platform from which to expand our interior finishing business in the
Swiss market, particularly with regard to professional contractors. We
welcome Klebag's employees to Sika and look forward to developing the
business together."

------------------------------------------------------------------------
|SIKA AG Zugerstrasse 50 CONTACT Dominik Slappnig |
| |
| 6341 Baar, Switzerland Corporate Communications& |
| www.sika.com Investor Relations |
| +41 58 436 68 21 |
| TELEPHONE slappnig.dominik@ch.sika.com |
| |
| |
| E-MAIL |
------------------------------------------------------------------------
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the
development and production of systems and products for bonding, sealing,
damping, reinforcing and protecting in the building sector and the motor
vehicle industry. Sika has subsidiaries in 84 countries around the world and
manufactures in over 160 factories. Its more than 16,000 employees generate
annual sales of CHF 5.14 billion.

The media release can be downloaded from the following link:

Media Release
http://hugin.info/100359/R/1786943/613387.pdf

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sika AG via Globenewswire

HUG#1786943

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.