Sika AG

Sika Acquires Gulf Additive Factory

Sika has acquired Gulf Additive Factory in the State of Qatar. The company manufactures a wide range of construction chemical products.

Sika Acquires Concrete Refurbishment Company in the US

Swiss construction chemicals major Sika has acquired Kwik Bond Polymers (KBP), a US-based manufacturer of polymer systems for the refurbishment of concrete infrastructure. Financial details of the transaction were not disclosed.

Cinven to Buy MBCC Admixture Assets from Sika

Private equity investor Cinven is acquiring MBCC Group’s admixture business from Swiss construction chemicals major Sika on the rebound. Earlier, the British Competition and Markets Authority (CMA) had turned thumbs down on plans to sell the business to Ineos, citing antitrust concerns.

Sika Boosts Construction Chemicals with MBCC Buy

Swiss specialty chemicals company Sika has agreed to buy MBCC Group, formerly BASF’s construction chemicals business, from an affiliate of private equity company Lone Star Funds for €5.2 billion. Sika described the deal as “highly complementary” and added that it expects the addition of MBCC’s portfolio to push sales above €12.3 billion by 2023.

Sika Sells German Coatings to Sherwin-Williams

Swiss specialty chemicals company Sika has agreed to sell its European industrial coatings business to US paints and coatings group Sherwin-Williams for an undisclosed sum.

Sika Opens Subsidiaries in Africa