Tag Archives: Sika

Saint-Gobain, Burkard Family Extend Time Period for Deal

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Saint-Gobain’s agreement with the Burkard family over the sale of Schenker-Winkler Holding (SWH) has been extended until June 30, 2016. The deal would position Saint-Gobain to gain majority voting rights in Swiss specialty chemical company Sika AG without having to … Continue reading

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Saint-Gobain Says Commitment to Acquire Sika “Irrevocable”

In a Power Point presentation covering 2014 full-year financials, French conglomerate Saint-Gobain’s management says its “commitment is irrevocable” to acquire a controlling interest in Swiss specialty chemical company Sika AG. “Consequently, we hope that those members of Sika’s management team … Continue reading

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Swiss Court Dismisses Request to Overturn Sika Board Decision

The Cantonal Court of Zug in Switzerland has dismissed Schenker Winkler Holding AG’s (SWH) request to review a decision by Sika’s board of directors to reduce the company’s voting rights to 5 percent. The Burkard family-owned company controls 16.1 percent … Continue reading

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More than 100 Sika Managers Sign Letter Opposing Saint-Gobain Deal

More than 100 senior managers at Swiss specialty chemical company Sika AG have signed a letter stating their opposition to the French conglomerate Saint-Gobain’s bid to acquire controlling interest in the company, according to a report. The letter was sent … Continue reading

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Sika AG Throws Up New Roadblock for Saint-Gobain

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French conglomerate Saint-Gobain’s deal to acquire a controlling interest in Swiss specialty chemical company Sika AG appears to have had the brakes thrown on. The Sika Board of Directors has decided the Burkard’s family voting rights in the company should … Continue reading

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The Pushback Over Saint-Gobain’s Move to Acquire a Controlling Interest in Sika AG Accelerates

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The management of Swiss specialty chemical company Sika AG continues to push back against French conglomerate Saint-Gobain’s move to seek controlling interest in the company. Several investors are supporting management’s position, including the Bill & Melinda Gates Foundation Trust, Cascade … Continue reading

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Sika AG to Meet with Investors over Saint-Gobain Deal

Swiss specialty chemical company Sika AG has announced it will hold an investor meeting to discuss Saint-Gobain’s (SGO) move to seek a controlling interest in the company. Schenker Winkler Holding AG, which is owned by the Burkard family and holds … Continue reading

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USGlass Readers’ Choice Awards

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This special section highlights products from USGlass magazine’s Annual Readers Choice Awards, which are selected by you: our readers. The results stem from a survey that included all of the products from the USGlass Showcase section, Annual New Products Guide, … Continue reading

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Schenker Winkler Holding Looks to Remove Three Sika Board Members

Schenker Winkler Holding AG, which is owned by the family that controls Sika AG, has requested the Swiss specialty chemical company hold an extraordinary general meeting and proposes to remove Dr. Paul Hälg, Monika Ribar and Daniel Sauter as current … Continue reading

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Saint-Gobain Seeks Controlling Interest in Sika

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French conglomerate Saint-Gobain plans to acquire a controlling interest in Swiss chemical company Sika AG, which specializes in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and automotive industry. However, … Continue reading

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