2018

News from Sika in 2018

2019

Sika Staff Set the Standard for the Roofing Industry

19/02/2019

A cross-functional group of customer-facing Sika Roofing employees completed an intensive, technically-driven training course developed by the Institute of Roofing (IoR) in partnership with the manufacturer.

December

2018

Sika Acquires Market Leader in Roofing and Waterproofing Systems in Romania

19/12/2018

Media Release
Acquisition

Sika has agreed to acquire Arcon Membrane Srl, a leading manufacturer of roofing and waterproofing systems in Romania. By acquiring Arcon, Sika will significantly strengthen its position in the Romanian market and extend its product portfolio to meet the increasing demand for complete solutions in the roofing and waterproofing markets. The acquired business generates annual sales of CHF 23 million. The transaction is subject to approval by the Romanian anti-trust authority.

December

2018

Sika Opens Plant in Guatemala and Strengthens Presence in Central America

17/12/2018

New Plant
Media Release

Sika has opened a new production plant in Central America, located in Palin in the metropolitan area of Guatemala City. This move further expands the company's market position in the emerging countries of the region. The portfolio of locally manufactured products includes concrete admixtures, mortars, and liquid applied membranes, which will be used to supply the neighboring countries of Honduras and El Salvador as well as the domestic market.

November

2018

Sika Opens a State-of-the-Art Factory in Peru and Triples its Capacity

15/11/2018

New Plant
Media Release

Sika Peru has opened new headquarters in the metropolitan area of Lima and introduced a modern plant for the production of concrete admixtures, mortar products, and acrylic liquid applied membranes (LAM). With this new plant, Sika is tripling its production capacities and strengthening its market position in Peru.

November

2018

Sika Acquires Concrete Fiber Company in the USA

06/11/2018

Media Release
Acquisition

Sika has acquired the global Concrete Fibers business from Propex Holding, LLC, which includes a US plant manufacturing synthetic fibers for use in concrete reinforcement, sales operations in Sika’s three geographical regions, and a strong brand. The acquired business is a perfect addition to Sika’s concrete systems for high value-added solutions required in the construction of high-rise buildings and demanding infrastructure projects. The acquired business generates annual sales of CHF 30 million.

October

2018

Nine Month Result 2018: Sika Achieves Record Sales and Profit

25/10/2018

Media Release

▪ Sales growth of 14.1% in local currency (15.0% in CHF) to CHF 5,322.7 million
▪ Growth in all regions
▪ Operating profit (EBIT) up 9.0% (excluding one-off costs incurred in connection with the resolution of the dispute with Saint-Gobain, EBIT would have risen by 12.4%)
▪ Double-digit increase in net profit of 10.5%
▪ Consistent implementation of growth strategy with establishment of a further national subsidiary, the opening of six new factories, and completion of three acquisitions
▪ Outlook 2018: Confirmation of sales target of more than CHF 7 billion ̶ double-digit growth in both EBIT and net profit

October

2018

Sika Expands Capacities in Russia

18/10/2018

New Plant
Media Release

Sika opens a new production plant for concrete admixtures near Yekaterinburg, Russia. In the area around the plant, there are five cities with populations of over one million and attractive construction markets. Large parts of the Volga region and Siberia can also be supplied from the new site.

October

2018

Sika Commissions Two New Plants in Kazakhstan

11/10/2018

New Plant
Media Release

Sika is expanding its presence in Kazakhstan and strengthening its position in two of the country's growth regions. To reinforce existing production operations in Almaty in the southeast of the country, Sika is simultaneously commissioning two further concrete admixture production plants, one in the capital Astana and the other in Atyrau in the west.

October

2018

Megacities as Growth Drivers for Sika - Strategic Targets Confirmed at Capital Markets Day in New York

02/10/2018

Media Release
Capital Markets Day

At the Sika Capital Markets Day, currently taking place in New York, Sika CEO Paul Schuler confirmed the strategic goals for 2020. Citing the motto "Megacities drive Sika’s growth", Group Management members and Sika experts from the United States used the example of New York to illustrate how the urbanization megatrend and the strongly growing large cities are driving Sika's structural growth. In the USA, Sika already generates 37% of its sales in the 20 biggest cities, with New York as one of the leading markets.

September

2018

Sika Opens New Automotive Factory in Mexico

28/09/2018

Media Release
New Plant

Sika is adding strength and capacity to its Mexican product supply chain in the Automotive sector with the opening of a new manufacturing facility in Querétaro, Mexico. The new factory, which includes an integrated logistics center, will manufacture and locally supply Sika’s full range of acoustic treatments and body structural products for the growing number of Original Equipment Manufacturer (OEM) assembly and component makers located in the country. The Mexican subsidiary of Faist ChemTec, acquired by Sika at the start of 2018, will also be integrated into the new facility.

September

2018

Sika Cyclists go the Distance for Charity

26/09/2018

The natural beauty of the North Pennines provided a stunning and challenging backdrop for more than 180 cyclists taking part in an endurance bike ride to raise much-needed funds for the British Heart Foundation.

The sponsored Sika Cycle 2018 event on 15th September saw pedal-pushing participants take on one of four challenging routes – lasting 25, 50, 70 and 100 miles – with courses weaving their way through the dramatic landscape of Teesdale and Nidderdale within County Durham and North Yorkshire.

September

2018

Completed Capital Reduction

07/09/2018

Media Release
Financial

On June 11, 2018, the Extraordinary General Meeting of Sika AG approved, among others, the cancellation of the Sika registered shares purchased from Schenker-Winkler Holding AG by way of a capital reduction in the amount of CHF 106,295.20 to CHF 1,417,811.60 (see media release of June 11, 2018). With today's publication in the Swiss Official Gazette of Commerce, the capital decrease has been completed.

August

2018

Sika Expands its Presence in United Arab Emirates with a New Factory in Dubai

21/08/2018

New Plant
Media Release

Sika is developing its operations in the United Arab Emirates (UAE) with the opening of a new factory in Dubai. An existing production facility for concrete admixtures has been relocated to the new site and expanded. A state-of-the-art mortar facility and a reactor for producing polymers have been installed and will constitute the basis for the production of high-performance concrete admixtures. Furthermore, the new facility will play a strategic role as a sales and distribution center for the region.

July

2018

Sika Acquires Leading Manufacturer of Polyurethane Foam Systems in Switzerland

27/07/2018

Media Release
Acquisition

Sika has agreed to acquire Polypag, a leading Swiss-based manufacturer and developer of polyurethane foam systems. This acquisition will enhance Sika’s expertise in the area of polyurethane foam development, expand its product portfolio and production capacity, and drive forward the specialist trade business. Last year, Polypag recorded annual sales of some CHF 40 million with a workforce of 120 employees. The transaction is subject to approval by the competition authorities.

July

2018

Dynamic 13.9% Rise in Sales in First Half of 2018

26/07/2018

Media Release

▪ Sales growth of 13.9% in local currencies to CHF 3,470.1 million (+15.9% in CHF)
▪ EBIT increase of 10.6% to CHF 444.6 million
▪ Without one-off costs (related to resolution of dispute with SGO) increase in EBIT would have been disproportionately high at more than 16%
▪ Growth in all regions
▪ Opening of three new factories, establishment of another national subsidiary, and acquisition of Index
▪ Sales target of CHF 7 billion in 2018

July

2018

Swiss Federal Councillor Schneider-Ammann Visits New Factory in Azerbaijan

10/07/2018

New Plant
Media Release

As part of a tour by a government delegation, Swiss Federal Councillor and Head of the Federal Department of Economic Affairs, Education and Research Johann Schneider-Ammann, accompanied by Azerbaijani Minister of Economic Development Shahin Mustafayev and the Swiss Ambassador Philipp Stalder, visited the new Sika factory near the country's capital, Baku. The modern facility produces concrete admixtures and mortar for the local construction market.

July

2018

Sika Successfully Places CHF 550 Million Triple-Tranche Bonds

03/07/2018

Media Release
Financial

Sika AG today successfully completed a triple-tranche bonds offering with a total amount of CHF 550 million. The payment date of the bonds is July 12, 2018. The bonds were placed under the lead management of UBS AG. They will be listed on the SIX Swiss Exchange. Sika intends to use the net proceeds from the bond offering mainly to refinance the recently announced acquisition of its own shares from Compagnie de Saint‐Gobain, and for general corporate purposes.

June

2018

Sika Commissions New Factory in Saudi Arabia

27/06/2018

New Plant
Media Release

Sika has expanded its presence in Saudi Arabia by opening a new production plant for concrete admixtures. Located in Dammam on the east coast of the country, the new factory enables Sika not only to increase its production capacity but also, in particular, to optimize its logistics and hence its cost structure.

June

2018

Extraordinary General Meeting of Sika AG – Shareholders Approve All Proposals of the Board of Directors

11/06/2018

General Meeting
Media Release

At today's Extraordinary General Meeting of Sika AG the shareholders have approved by a large majority all proposals of the Board of Directors.

May

2018

Final Allocation of Sika AG Convertible Bonds

28/05/2018

Media Release
Financial

Following Sika AG's (the "Issuer" or "Sika") successful offering (the "Offering") and provisional allocations of CHF 1,650 million senior convertible bonds (the "Bonds") due 2025 on May 15, 2018 and the expiration of the advance subscription rights period on May 28, 2018, the final allocations of the bonds have been made today and will be communicated to the institutional investors on May 29, 2018.

Choose a country

Choose a segment

Choose a country

Sika News 2018

News from Sika in 2018

Sika Staff Set the Standard for the Roofing Industry

Sika Acquires Market Leader in Roofing and Waterproofing Systems in Romania

Sika Opens Plant in Guatemala and Strengthens Presence in Central America

Sika Opens a State-of-the-Art Factory in Peru and Triples its Capacity

Sika Acquires Concrete Fiber Company in the USA

Nine Month Result 2018: Sika Achieves Record Sales and Profit

Sika Expands Capacities in Russia

Sika Commissions Two New Plants in Kazakhstan

Megacities as Growth Drivers for Sika - Strategic Targets Confirmed at Capital Markets Day in New York

Sika Opens New Automotive Factory in Mexico

Sika Cyclists go the Distance for Charity

Completed Capital Reduction

Sika Expands its Presence in United Arab Emirates with a New Factory in Dubai

Sika Acquires Leading Manufacturer of Polyurethane Foam Systems in Switzerland

Dynamic 13.9% Rise in Sales in First Half of 2018

Swiss Federal Councillor Schneider-Ammann Visits New Factory in Azerbaijan

Sika Successfully Places CHF 550 Million Triple-Tranche Bonds

Sika Commissions New Factory in Saudi Arabia

Extraordinary General Meeting of Sika AG – Shareholders Approve All Proposals of the Board of Directors

Final Allocation of Sika AG Convertible Bonds

Get in touch

Follow Us

Contact Us

Downloads

Sika Ltd

Solutions

Follow Us

Choose a country

Suggested Searches

Recommendations

Choose a segment

Choose a country

Sika News 2018

News from Sika in 2018

Suggested Searches

Date

Sika Staff Set the Standard for the Roofing Industry

Sika Acquires Market Leader in Roofing and Waterproofing Systems in Romania

Sika Opens Plant in Guatemala and Strengthens Presence in Central America

Sika Opens a State-of-the-Art Factory in Peru and Triples its Capacity

Sika Acquires Concrete Fiber Company in the USA

Nine Month Result 2018: Sika Achieves Record Sales and Profit

Sika Expands Capacities in Russia

Sika Commissions Two New Plants in Kazakhstan

Megacities as Growth Drivers for Sika - Strategic Targets Confirmed at Capital Markets Day in New York

Sika Opens New Automotive Factory in Mexico

Sika Cyclists go the Distance for Charity

Completed Capital Reduction

Sika Expands its Presence in United Arab Emirates with a New Factory in Dubai

Sika Acquires Leading Manufacturer of Polyurethane Foam Systems in Switzerland

Dynamic 13.9% Rise in Sales in First Half of 2018

Swiss Federal Councillor Schneider-Ammann Visits New Factory in Azerbaijan

Sika Successfully Places CHF 550 Million Triple-Tranche Bonds

Sika Commissions New Factory in Saudi Arabia

Extraordinary General Meeting of Sika AG – Shareholders Approve All Proposals of the Board of Directors

Final Allocation of Sika AG Convertible Bonds

Get in touch

Follow Us

Contact Us

Downloads