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Tag Archives: Sika
Sika has agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co., Ltd. Hamatite is a market leader in Japan, offering adhesives and sealants to the automotive and construction industries. According to Sika, the acquisition will significantly strengthen … Continue reading
A recent webinar highlighted the importance of crash testing and how minimum drive-away time (MDAT) relates to calibration. The webinar featured Mike Rea, a senior product engineer for SIKA Corporation (Sika), the webinar’s sponsor. Rea began the Crash Testing in … Continue reading
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 June 7-9, 2021. Auto Glass Week is the only event dedicated exclusively … Continue reading
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Sika will acquire an Austrian waterproofing system manufacturer, Sika said in a press release January 11.
SIKA AG has received an appeal filed by Schenker-Winkler Holding AG against a Swiss court that favored SIKA in a years-long dispute.
Saint-Gobain announced its acquisition of an Italian manufacturer of automotive adhesive tape.
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.
SIKA Automotive will open a new factory in South America for adhesives and acoustic products.
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.
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.
SIKA has announced several promotions and personnel changes, including a new territory sales manager that previously worked at Mygrant Glass.
“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.
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.
The European Commission has approved the proposed acquisition of Swiss specialty chemical company SIKA AG by French conglomerate Saint-Gobain.
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.
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.
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.
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.
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.
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.
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
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
Nicolae Bordeanu has joined Sika Automotive USA at Madison Heights, Mich., as a research scientist with a focus on Sika Reinforcer and SikaBaffle technologies.
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.
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.
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.
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.
Sika Region NA Automotive has promoted Zack Gaultney to launch and planning manager for the Grandview, Mo., facility.
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