Sika Acquires ADCO's Replacement Adhesive Systems Business
March 9, 2010

Sika AG has announced that its U.S. subsidiary, Sika Corp., has acquired the automotive glass replacement business of ADCO Products Inc. The sale closed yesterday.

According to a statement from Sika AG, ADCO will be integrated into Sika's aftermarket business unit in the United States and its industry division in Canada and Latin America.

As part of the transaction, Sika acquired the rights to the "Titan" brand name of auto glass adhesives. Also, four sales representatives from ADCO's AGR division are expected to join Sika's existing 21-person sales force, according to the press release. The names of those who will move to Sika have not yet been released.

Sika's vice president of aftermarket sales, John King, says for now nothing will change for ADCO customers.

"It's business as usual," he told™/AGRR magazine this afternoon. "It will take us awhile to digest this. We're excited about it."

He said a prepared statement detailing the company's specific plans should be available in the next few weeks.

ADCO spokesperson Connie Kearns had not responded to requests for comment at press time.

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