Sika Further Strengthens Polymer Flooring Business in North America

Wed May 7, 2008 8:10am EDT
 
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Sika AG announces that its U.S. subsidiary, Sika Corporation, has acquired the
commercial and industrial polymer flooring business of ICS Garland, Inc.

LYNDHURST, N.J., May 7 /PRNewswire/ -- With its second acquisition in
North America this year, Sika has added another long-respected player into its
Industrial Flooring business in this region. The ICS Garland polymer flooring
business, with its strong portfolio of epoxy, polyurethane, and ESD technology
products, is an excellent fit for Sika's focused growth strategy for North
America. With an established, well-respected range of products, people, and
quality applicators, the ICS Garland polymer flooring business greatly
enhances and complements Sika's fast-growing position in this key market.
    The parties have agreed not to disclose the sales price. Approximately 45
employees are expected to join Sika as part of the transaction, including the
ICS Garland manufacturing facility and offices in Cleveland, Ohio.
    Already a global leader in construction chemicals including adhesives and
sealants, concrete admixtures, repair and strengthening products, this
acquisition also creates for Sika the most comprehensive range of epoxy,
polyurethane, and other key polymer flooring products and technologies in the
industry. Sika is confident that the ICS Garland flooring business, when
combined with Sika's broad offering of sales and support services, will enable
Sika to offer even greater value to its polymer flooring customers.
    Sika Corporation is based in Lyndhurst, New Jersey.
    Sika Corporation Construction Products Division, Lyndhurst NJ, is a
technology leader with over 90 years of experience in concrete materials and
restoration technology. Sika's product line includes concrete admixtures,
sealants, adhesives, corrosion inhibitors, specialty mortars, epoxy resins,
structural strengthening systems, grouts, anchoring adhesives, overlays, and
protective coatings. Full service sales and technical offices support our
customers nationwide.
    Visit the Sika Corporation Construction Products Division website at
www.sikaconstruction.com.
    Sika Corporation is a supplier of specialty chemical products and
industrial materials serving construction and industrial markets including
transportation, marine, and automotive. Sika Corporation is a subsidiary of
Sika AG, Baar, Switzerland. Sika has annual sales of approximately US $2.1
billion (CHF 2.9 billion), over 10,000 employees and operations in more than
70 countries. Visit the Sika Corporation website at www.sikacorp.com.
     Contact: Angela Smedley
     Marketing Services Coordinator
     Phone: 201.508.6809
     Fax: 201.933.6225
     If you prefer to receive press releases electronically please e-mail your
     request to: smedley.angela@sika-corp.com

SOURCE  Sika Corporation

Angela Smedley, Marketing Services Coordinator, Sika Corporation,
+1-201-508-6809, Fax: +1-201-933-6225, or smedley.angela@sika-corp.com

 

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