Press Release: 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:

Press Release: http://hugin.info/100359/R/2146124/822893.pdf

This announcement is distributed by Nasdaq Corporate Solutions on behalf

of Nasdaq Corporate Solutions clients.

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

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Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com

(END) Dow Jones Newswires

November 01, 2017 02:00 ET (06:00 GMT)