SIKA ACQUIRES REMAINING SHARES OF DYFLEX JAPAN AND ACHIEVES 100% OWNERSHIP
Sika AG /
SIKA ACQUIRES REMAINING SHARES OF DYFLEX JAPAN AND ACHIEVES 100% OWNERSHIP
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Sika has acquired the remaining 24.5% of Dyflex HD Co., Ltd. as of January
7, 2014 and achieves 100% ownership. The complete takeover further strengthens
Sika's position in the Japanese construction market.
Sika has been present with its own subsidiary in Japan since 1932 and is well-
known as a reliable partner for many landmark projects, having a particularly
strong presence in the area of concrete admixtures and sealing & bonding
solutions. The complete takeover of Dyflex confirms Sika's long-term commitment
in Japan and is another step in strengthening Sika's position in the Japanese
construction market.
Dyflex, founded in 1964, is a company with a long tradition in the Japanese
market. Dyflex is a market leader in liquid waterproofing in Japan with well
established brands and customer relations. Since the acquisition of the majority
stake in 2010, numerous cross-selling opportunities and synergies have already
been realized between the two companies.
Jan Jenisch, CEO of Sika: "We are proud to have the full ownership of Dyflex
Japan with all their successful and highly competent people. The transfer of
technologies and know-how between Sika and Dyflex will be intensified and the
strategic development of the business further explored."
SIKA AG Zugerstrasse 50 CONTACT Dominik Slappnig
6341 Baar, Switzerland  Corporate Communications &
www.sika.com  Investor Relations
TELEPHONE +41 58 436 68 21
E-MAIL slappnig.dominik@ch.sika.com
SIKA AG CORPORATE PROFILE
Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals
company. Sika supplies the building and construction industry as well as
manufacturing industries (automotive, bus, truck, rail, solar and wind power
plants, façades). Sika's product lines feature high-quality concrete admixtures,
specialty mortars, sealants and adhesives, damping and reinforcing materials,
structural strengthening systems, industrial flooring as well as roofing and
waterproofing systems. Worldwide local presence in 80 countries and some 15,200
employees link customers directly to Sika and guarantee the success of all
partners. Sika generated annual sales of CHF 4,829 million in 2012.
The media release can be downloaded from the following link:
Media Release:
http://hugin.info/100359/R/1753245/591341.pdf
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Source: Sika AG via GlobeNewswire
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