More articles by Jenna Reed

Mr. Go-Glass Sold to Joy Companies

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Well-known, full-service glass company Mr. Go-Glass has been sold to The Joy Companies, the holding company for BF Joy LLC, a veteran-owned small business based in Hyattsville, Md. BF Joy specializes in the installation, maintenance and rehabilitation of underground infrastructure. … Continue reading

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SIKA AG Chairman: Saint-Gobain Takeover Would Destroy Company’s Value

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In a letter to Saint-Gobain shareholders, Swiss specialty company SIKA AG chairman Paul Hälg denounced the “value of the [Saint-Gobain] takeover attempt,” writing it could take years for the issues to be worked out in the court system. In response, … Continue reading

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SIKA Shows Growth in All Regions, Saint-Gobain Uncertainty Remains

Swiss-based specialty chemical company SIKA AG reported a 5.5 percent sales increase at constant exchange rates for the first nine months of 2015. Though results were strong, the report indicated that one uncertainty remains—Saint-Gobain. “The unknown outcome of Saint‐Gobain’s hostile … Continue reading

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Saint-Gobain Awaits Swiss Supreme Court Decision to Pursue SIKA Deal

French conglomerate Saint-Gobain plans to pursue its acquisition of a controlling interest of Swiss specialty chemical company SIKA AG pending a decision by the Swiss Zug Supreme Court. The court decision is expected in the first half of 2016, according … Continue reading

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Dispute Between Saint-Gobain and SIKA Continues

French conglomerate Saint-Gobain is continuing to pursue its plan to acquire controlling interest in Swiss specialty chemical company SIKA AG, according to the company’s latest letter to shareholders. Meanwhile, a letter was sent to Saint-Gobain management by SIKA’s managers “urging … Continue reading

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The Swiss Competition Commission Green Lights Saint-Gobain’s Acquisition

The Swiss Competition Commission has “unconditionally authorized Saint-Gobain’s acquisition of control over SIKA” according to French conglomerate Saint-Gobain. “This decision follows the favorable ruling handed down by the European Commission on July 22, 2015 as well as the decisions already … Continue reading

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Swiss Administrative Court: Saint-Gobain Is Not Obligated to Extend Offer to All Shareholders

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The Swiss Federal Administrative Court (FAC) had upheld Swiss specialty chemical company SIKA AG’s opt-out clause, rejecting a complaint filed over the clause by the Bill and Melinda Gates Foundation Trust and Cascade Investment. The court drama began after French … Continue reading

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Gates Brothers Glass Loses Fabrication Facility to Fire

Gates Fire

Gates Brothers Glass suffered a loss to its business on Saturday. The company’s Bellefontaine, Ohio, facility, which housed machinery for edging glass, making insulating units, polishing and aluminum fabrication, went up in flames on August 8, 2015. “My wife and … Continue reading

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SIKA Board Holds Extraordinary Shareholders Meeting

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Swiss specialty chemical company SIKA AG’s board restricted the voting rights of Schenker-Winkler Holding (SWH) to 5 percent of all registered shares, thwarting the Burkard family-owned company’s attempt to remove the board chairman and several board members during the extraordinary … Continue reading

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Case into Alleged Theft of PPG Trade Secrets Continues Despite Suicide of Key Player

Though Thomas Rukavina, a former PPG Industries chemist accused in federal court in Pittsburgh with theft of trade secrets has committed suicide, the case into the matter continues, according to U.S. Attorney David Hickton. “U.S. Attorney David Hickton in Pittsburgh … Continue reading

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