Sika AG announces that its subsidiary Sika (Japan) Ltd. has acquired the construction sealant business of Henkel Japan Ltd.
The acquired business includes the well-known trademarks, Bellace and Duribbon, which are well established in the Japanese construction market with annual sales of JPY 1115 mn (approx. CHF 12.3 mn). With this acquisition, Sika will complement its Sikaflex range and strengthen its market position in the Japanese construction sealant market. Relevant sales and technical employees have agreed to transfer to Sika (Japan) Ltd.