Sika Aktie
WKN: 858573 / ISIN: CH0000587979
01.11.2017 07:00:38
|
SIKA ACQUIRES BUTTERFIELD COLOR IN THE US, FURTHER STRENGTHENING ITS PORTFOLIO FOR CONCRETE CONTRACTORS
Sika AG / SIKA ACQUIRES BUTTERFIELD COLOR IN THE US, FURTHER STRENGTHENING ITS PORTFOLIO FOR CONCRETE CONTRACTORS . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Sika has acquired Butterfield Color, Inc. a US-based market leader in the production of decorative concrete floor products and systems. The acquisition will accelerate Sika's growth by bringing the most comprehensive range of solutions for concrete contractors in the North American construction market. Butterfield generated sales of CHF 20 million in 2016.
Based near Chicago, Butterfield is a well-established, family-owned company with a strong brand and reputation serving contractor customers nationwide. Butterfield's impressive line of colors and sealers, plus innovative tools for stamping and texturing, has been growing with strong momentum for many years. Last year Sika acquired L.M. Scofield, the market leader in architectural specifications and a leading supplier of colored and decorative concrete. Acquiring Butterfield now adds an unmatched contractor presence and, combined with Scofield, establishes Sika as the clear market leader in this fast-growing market.
Christoph Ganz, Regional Manager North America: "The acquisition of Butterfield fits perfectly with our growth strategy in North America, enabling us to reach new contractor customers and better penetrate key projects. We see great synergies coming from the combined technologies of Sika, Scofield, and now Butterfield. We are proud to welcome Butterfield's employees into the Sika team and we are excited about growing our business together."
CONTACT
Dominik Slappnig
Corporate Communications and Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and automotive industry. Sika has subsidiaries in 99 countries around the world and manufactures in over 190 factories. Its more than 17,000 employees generated annual sales of CHF 5.75 billion in 2016.
The media release can be downloaded from the following link:
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sika AG via Globenewswire
--- End of Message ---
Sika AG
Zugerstrasse 50 Baar Switzerland
WKN: 858573;ISIN: CH0000587979;

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Sika AGmehr Nachrichten
15.04.25 |
GNW-News: SIKA ERZIELT WACHSTUM IM 1. QUARTAL TROTZ UNVORHERSEHBAREN MÄRKTEN UND INVESTIERT WELTWEIT (dpa-AFX) | |
15.04.25 |
Press Release: SIKA IS GENERATING GROWTH IN Q1 -2- (Dow Jones) | |
15.04.25 |
Press Release: SIKA IS GENERATING GROWTH IN Q1 DESPITE UNPREDICTABLE MARKETS AND CONTINUES INVESTING WORLDWIDE (Dow Jones) | |
08.04.25 |
GNW-News: SIKA ERÖFFNET IN KASACHSTAN NEUES WERK FÜR BETONZUSATZMITTEL UND MÖRTELPRODUKTE (dpa-AFX) | |
08.04.25 |
Press Release: SIKA OPENS A NEW PLANT FOR CONCRETE ADMIXTURES AND MORTARS IN KAZAKHSTAN (Dow Jones) | |
03.04.25 |
GNW-News: SIKA ERWEITERT PRÄSENZ IN ECUADOR MIT NEUEM WERK (dpa-AFX) | |
03.04.25 |
Press Release: SIKA EXPANDS PRESENCE IN ECUADOR WITH A NEW PLANT (Dow Jones) | |
25.03.25 |
GNW-News: GENERALVERSAMMLUNG GENEHMIGT ANTRÄGE DES VERWALTUNGSRATS (dpa-AFX) |