Tag Archives: Sika

SIKA Announces New Appointments

SIKA Target Market Industry appointed Michael Krumel territory manager for facades, fenestration and insulating glass (FFI). It also named Joshua Hill marketing project coordinator. Krumel will report to Thomas LaBelle, FFI manager. Prior to joining SIKA, Krumel was an independent … Continue reading

Posted in Today's News | Tagged , , , | Leave a comment

SIKA Hires Eshesimua

SIKA Target Market Industry has named Edwin Eshesimua market field engineer of facades and insulating glass. He will report to FFI manager Thomas LaBelle. Prior to joining SIKA, Eshesimua was a project manager with Lend Lease. He will be responsible … Continue reading

Posted in Today's News | Tagged , | Leave a comment

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

Glass globe with dollar signs on background with money symbol.

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

Posted in Featured News, Today's News | Tagged , , | Leave a comment

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

Posted in Today's News | Tagged , | Leave a comment

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

Posted in Today's News | Tagged , | Leave a comment

Sika Hires Marketing Manager

Sika announced it has appointed Cathleen Spayde as senior marketing coordinator. Prior to joining Sika, she was a marketing communications coordinator with Henkel Corp., responsible for marketing programs, events, sponsorships and brand awareness initiatives. Spayde brings more than 10 years … Continue reading

Posted in Today's News | Tagged , | Leave a comment

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

Posted in News, Today's News | Tagged , , | Leave a comment

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

gavel

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

Posted in Featured News, Today's News | Tagged , , , , | Leave a comment

Saint-Gobain Says Acquisition of SIKA Moving Forward

Glass globe with dollar signs on background with money symbol.

“Antitrust filings are proceeding as planned.” This is how French conglomerate Saint-Gobain’s management refers to the company’s bid to acquire Swiss specialty chemical company SIKA AG in its 2015 report on half-year results. “Under no circumstances can Saint-Gobain be forced … Continue reading

Posted in Featured News, Today's News | Tagged , , | Leave a comment

SIKA Board Holds Extraordinary Shareholders Meeting

Glass globe with dollar signs on background with money symbol.

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

Posted in Featured News, Today's News | Tagged | Leave a comment