Sika further expands its construction sealant business in Japan
FRI 2010 12 MAR 06:00:PM (GMT: FRI 2010 12 MAR 05:00:PM)
HUGIN
Sika AG
Sika AG / Sika further expands its construction sealant business in Japan processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Sika AG announces that its subsidiarySika (Japan) Ltd. has acquired the
construction sealant business of Henkel Japan Ltd.
The acquired business includesthe 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.
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Sika AG Contact: Rainer Weihofen,
Corporate Communications & Investor Relations
Zugerstrasse 50
Tel.: +41 58 436 68 00
CH-6341 Baar, Switzerland
Fax: +41 58 436 68 50
www.sika.com
weihofen.rainer@ch.sika.com
Sika AG Corporate Profile
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
atwww.sika.com .
The media release can be downloaded from the following link:
[HUG#1393681]
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Sika AG
Zugerstrasse 50 Baar null
WKN: 858573;ISIN: CH0000587979;
Media Release : http://hugin.info/100359/R/1393681/350738.pdf