Sika is acquiring Proxan Dichtstoffe GmbH. The German company, located in Greiz, Thuringia, is a manufacturer of sealants for the production of insulated glass and for construction joints. The parties agreed not to disclose the purchase price.

Proxan develops, produces and sells sealants made from polysulfide and two-component-polyurethane. The company is staffed by 13 employees.

With the acquisition of Proxan Sika augments its technologies, particularly in sealants for the production of insulated glass. Proxan’s know-how and products enable Sika to supply a complete, coordinated system to the rapidly growing market of “bonded windows”. Proxan’s polysulfide-based joint sealants ideally complement Sika’s range of products.