31.01.2017 18:30:43
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Press Release: SIKA COMPLETES ACQUISITION OF RMAX OPERATING, LLC IN THE UNITED STATES
Sika AG / SIKA COMPLETES ACQUISITION OF RMAX OPERATING, LLC IN THE UNITED STATES . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Sika has completed the acquisition of Rmax Operating, LLC, a US-based market leader in the production of polyiso insulation products for complete Building Envelope solutions (roofing and wall systems) on January 31, 2017. The deal was announced on December 14, 2016. With annual sales of CHF 75 million, Rmax is a proven industry leader with headquarters in Dallas, Texas. The acquisition of Rmax fits perfectly with Sika's growth strategy in North America and further strengthens the already fast-growing Building Systems in Roofing, Sealants and Waterproofing.
CONTACT
Dominik Slappnig
Corporate Communications &
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 protection in the building sector and automotive industry. Sika has subsidiaries in 97 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:
Media Release: http://hugin.info/100359/R/2074892/780082.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
January 31, 2017 12:00 ET (17:00 GMT)- - 12 00 PM EST 01-31-17
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