Tag Archives: Sika

Sika Corporation Joins Auto Glass Week™ 2021 as a Copper Sponsor

Sika Corporation is joining Auto Glass Week™ 2021 once again as a Copper-level sponsor at the three-day event in Orlando, Fla. at the Orange County Convention Center on January 12-14, 2021. Auto Glass Week is the only event dedicated exclusively … Continue reading

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Import Glass Corporation Opens Location in Florida

Import Glass Corporation (IGC), and automotive glass distributor with 19 locations throughout the U.S., has opened its newest location in Opa Locka, Fla., to service all of South Florida. The company says it offers a full line of OEM and … Continue reading

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Sika Produces Safety Masks for Employees and Customers

At the Les Salles du Gardon factory in southern France, Sika has commenced the production of respiratory masks made almost entirely from Sika products. According to the company, nearly 50,000 masks have already been produced. The masks, according to Sika, … Continue reading

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Mygrant Files Denial

Mygrant Glass Company Inc. (Mygrant) recently filed a response to O.E.M. Glass Network Inc. and Brooklyn Wholesale Glass Inc. (known together as OEMGN) amended complaint in the boycott lawsuit involving several industry companies. Mygrant denies all of the allegations in … Continue reading

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SIKA Joins “Together for Sustainability” Initiative

Sika has joined the Together for Sustainability (TS) initiative and is a new member. The organization was founded in 2011 and aims to improve sustainability practice within the supply chain of the chemicals industry, according to the initiative. With this … Continue reading

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Sika Sees Growth in First Half of 2019

Sika published its half-year financial report which highlights its achievements and growth during its first six months of 2019. In it the company mentioned its 9.6% sales increase, as well as growth in all of its regions. Sika provides products … Continue reading

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Sika Grows Overall In 2018

Sika recently published its annual financial report which highlights its achievements and growth in 2018. In it the company mentioned its 13.6 percent sales increase, its 5.9 percent net profit increase, and the company’s operating free cash flow, which increased … Continue reading

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Sika Corporation to Serve as a Bronze Sponsor of Auto Glass Week™

Auto Glass Week™ 2018 welcomes back Sika Corporation as a Bronze sponsor. Visit the company in booth 215 during the event that will be held September 27-29 at the Henry B. Gonzalez Convention Center in San Antonio, Texas. Sika Corporation … Continue reading

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Sika Has Record Sales and Overall Growth

Sika’s sales growth percentage reached the double digits in 2018 so far. 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 … Continue reading

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Sika Acquires Leading Automotive Supplier in Acoustics

Sika has agreed to acquire Faist ChemTec Group, a manufacturer of high-performance engineered, structure-borne acoustic solutions for the automotive industry. Headquartered in Worms, Germany, the company generates annual sales of CHF 190 million and employs 840 people worldwide. The transaction … Continue reading

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Sika CEO Discusses Company Outlook

Sika recently held its Capital Markets Day where CEO Paul Schuler announced the company’s 2020 strategic targets, and one of its primary focuses over the next few years is the company’s automotive adhesives and materials. According to the company’s outlook … Continue reading

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Sika Acquires Turkey-Based Manufacturer ABC Sealants

Sika announced it has acquired ABC Sealants, an Istanbul, Turkey-based manufacturer of sealants and adhesives, for an undisclosed purchase price, as of August 23. According to the company’s press release, the move was made to strengthen Sika’s presence in Turkey, … Continue reading

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Industry Firms Make Forbes’ World’s Biggest Public Companies List

Forbes recently released its 2017 Global 2000 list of the world’s biggest public companies. The list features several firms within the automotive glass industry, including Saint-Gobain and Fuyao Glass. In the report, a company’s sales, profit, assets and market value … Continue reading

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SIKA Hits Record Sales; Auto Business Sees Double-Digit Growth

In the first half of 2017, SIKA Corporation reported a sales increase of 8.1 percent, or $3,140.4 million USD, and a net profit increase of 16 percent on a year-over-year basis. The company said the growth is largely due to … Continue reading

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Sika Establishes 98th National Subsidiary in Senegal

Sika Establishes 98th National Subsidiary in Senegal

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Sika Corporation Presents: Bay Area 365

Sika Corporation Presents: Bay Area 365

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Sika posts higher Q1 Sales, Optimistic Outlook Ahead of AGM

Sika posts higher Q1 Sales, Optimistic Outlook Ahead of AGM

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Sika’s Founding Family Outvotes Other Shareholders to Cap Dividend

Sika’s Founding Family Outvotes Other Shareholders to Cap Dividend

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Saint-Gobain Extends Option to Buy Sika Stake From Family

Saint-Gobain Extends Option to Buy Sika Stake From Family

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Sika Industry Appoints Mark Daniels to Vice President Transportation A/C

Sika Corporation, Target Market Industry has appointed Mark Daniels to the position of vice president Transportation A/C, effective as of January 2017. Daniels started his career with Sika in 2000 as a Senior Technical Service Engineer in Sika’s Madison Heights, … Continue reading

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Sika Acquires Austrian Waterproofing Systems Maker

Sika will acquire an Austrian waterproofing system manufacturer, Sika said in a press release January 11.

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SIKA Receives Appeal of Swiss Court Decision in Takeover Attempt

SIKA AG has received an appeal filed by Schenker-Winkler Holding AG against a Swiss court that favored SIKA in a years-long dispute.

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Saint-Gobain Acquires Italian Adhesives Company

Saint-Gobain announced its acquisition of an Italian manufacturer of automotive adhesive tape.

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SIKA Corporation Returns as a Sponsor of Auto Glass Week™

SIKA Corporation will sponsor Auto Glass Week™ 2016 this fall in San Antonio, Texas. The three-day international event will feature automotive glass repair and replacement competitions, educational seminars and an exhibition floor.

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SIKA Automotive to Open Brazilian Adhesive Factory

SIKA Automotive will open a new factory in South America for adhesives and acoustic products.

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SIKA Restricts SWH’s Voting Rights at Annual General Meeting

Saint-Gobain’s battle for control of SIKA continues on. The latest development came this week when the board of directors for Swiss specialty chemical company SIKA again restricted the voting rights of Schenker-Winkler Holding (SWH) to 5 percent of all registered shares during the annual general shareholders meeting. French conglomerate Saint-Gobain plans to acquire SWH, thus gaining majority voting rights in SIKA. Saint-Gobain has challenged the restricted voting rights’ strategy by SIKA’s board in the Swiss Zug Court.

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Saint-Gobain Extends Deal to Acquire Controlling Interest in SIKA

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.

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SIKA Announces Personnel Moves

SIKA has announced several promotions and personnel changes, including a new territory sales manager that previously worked at Mygrant Glass.

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Saint-Gobain Says Acquisition of SIKA Moving Forward

“Antitrust filings are proceeding as planned.” This is how French conglomerate Saint-Gobain’s management refers to the company’s bid to acquire Swiss specialty chemical company SIKA AG in its 2015 report on half-year results.

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Sika Corporation Returns as Sponsor of Auto Glass Week™ 2015

Sika Corporation is returning as a Silver Sponsor of Auto Glass Week™ 2015. The three-day international event is proud to once again welcome Sika Corporation, a leading supplier of adhesives and sealants serving the automotive, automotive aftermarket, automotive OES, industrial, marine and transportation markets.

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EU Commission Approves Saint-Gobain’s Bid to Acquire SIKA

The European Commission has approved the proposed acquisition of Swiss specialty chemical company SIKA AG by French conglomerate Saint-Gobain.

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SIKA Reportedly Gains New Shareholder that Opposes Saint-Gobain Deal

Swiss specialty chemical company SIKA AG has reportedly gained a new 3 percent shareholder that opposes the deal by Burkard family-owned Schenker-Winkler Holding (SWH). This deal would give majority voting rights in the company and subsequently ownership of SIKA to French conglomerate Saint-Gobain.

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SIKA Saga Continues

The Bill & Melinda Gates Foundation Trust and Cascade Investment, investors in Swiss specialty chemical company SIKA, have appealed to the Swiss Federal Administrative Court after they found the decision of The Swiss Financial Markets Authority (FINMA) concerning SIKA unfavorable. SIKA, its current management and some investors are attempting to stave off a bid by French conglomerate Saint-Gobain to gain a controlling interest in SIKA by acquiring Schenker-Winkler Holding (SWH).

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Sika’s Annual General Meeting Turns into 7-Hour Long Debate

Swiss specialty chemical company Sika AG’s seven-hour long annual general meeting of shareholders is one for the record books. The Swiss company’s management and several board members are in a standoff with Burkard family-owned Schenker-Winkler Holding (SWH) over the potential sale of SWH to Saint-Gobain, which would give the French conglomerate majority voting rights in Sika. Several key topics regarding this deal were voted on during the meeting.

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Saint-Gobain, Burkard Family Extend Time Period for Deal

Saint-Gobain’s agreement with the Burkard family over the sale of Schenker-Winkler Holding (SWH) has been extended until June 30, 2016. The deal would position Saint-Gobain to gain majority voting rights in Swiss specialty chemical company Sika AG without having to make an offer for the remaining shares.

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Swiss Court Dismisses Request to Overturn Sika Board Decision

The Cantonal Court of Zug in Switzerland has dismissed Schenker Winkler Holding AG (SWH) request to review a decision by Sika’s Board of Directors to reduce the company’s voting rights to 5 percent. The Burkard family-owned company controls 16.1 percent of Sika’s capital and had 52.4 percent in voting rights. But now that SWH is limited to 5 percent voting rights, it can’t call an official meeting, making it more difficult for French building materials company Saint-Gobain to proceed with its deal to purchase SWH for $2.84 billion USD (CHF 2.75 billion). The deal was designed to give controlling interest in Sika to Saint-Gobain.

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Sika Automotive Names Moran Head of Global Automotive Marketing

Gregory Moran is now serving as vice president, head of global automotive marketing for Sika Automotive. Most recently, he was vice president of marketing industry and automotive for the company.

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Sika Sees Sales Climb 11.7 Percent

Sika reported sales growth of 11.7 percent in the third quarter. For the first nine months of the business year, sales increased by 15.8 percent. All regions contributed to the sales growth, according to officials.

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Auto Glass Week™ Continues in Baltimore with Aquila Keynote

A plethora of educational seminars occurred Wednesday, as well as a keynote from Tony Aquila, CEO of Solera Holdings. Solera is the new parent company for LYNX Services and GTS. He offered a thought-provoking view of the future. He told … Continue reading

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Two Honored Today at Auto Glass Week™

During the opening session at Auto Glass Week™ today in Baltimore, David Rohlfing, vice president of the Auto Glass Safety Council™ (AGSC), honored two long-time industry veterans with awards. Jean Pero, sales manager for Mygrant Glass, received the Carl F. … Continue reading

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Sika Corp. Regional NA Automotive Adds New Team Member

Nicolae Bordeanu has joined Sika Automotive USA at Madison Heights, Mich., as a research scientist with a focus on Sika Reinforcer and SikaBaffle technologies.

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August Newscast Highlights Training

Learn about the technician training opportunities available through companies such as Dow, Sika and Glass Doctor, as well as the Auto Glass Safety Council™ in the August edition of the glassBYTEs.com™ newscast, sponsored by AGRR™ magazine.

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Sika Promotes Nix

Sika Corp. has promoted Beth Nix to senior technician of research of development. In her new role she will continue to develop new product technology solutions for Sika Region NA Automotive and Target Market Industry divisions.

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Sika Industry Target Market Names Business Development Manager

Jeremy Cooler has joined Sika Corp. as business manager for target market industry—transportation/A&C group. He is responsible for the introduction of new product technology, penetrating new markets, developing business opportunities as well as expanding the company’s reach in long-term strategic growth markets.

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Sika Region NA Automotive Names New Key Account Manager

Sika Corp. Region NA Automotive has named Paul Gross as key account manager, original equipment suppliers (OES). In his new role, he will be responsible for all sales activities for multiple OES accounts.

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Sika Corp. Promotes Gaultney

Sika Region NA Automotive has promoted Zack Gaultney to launch and planning manager for the Grandview, Mo., facility.

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SIKA Promotes Moran and Weber

Madison Heights, Mich.-based Sika Corp. has announced two personnel changes. Greg Moran has been promoted to the position of vice president of marketing and Phil Weber has been promoted to the position of vice president of product engineering and technical … Continue reading

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