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DRIVING GROWTH THROUGH ADHESIVE SYSTEMS, INNOVATION, AND DIGITAL MARKET LEADERSHIP Today, Sika is hosting an investor day at its largest adhesive factory, located in Duedingen, Switzerland. The day features presentations from Sika’s management team, outlining key group-wide initiatives for growth, with a focus on adhesives. The event will provide updates on Sika’s Fast Forward program, the acquisition of Akkim, and Sika’s innovation and go-to-market strategies. CEO Thomas Hasler will address Sik
SIKA AG - Unsponsored ADR (SXYAY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
SIKA CLOSES ACQUISITION OF AKKIM – ACCELERATING GLOBAL EXPANSION IN ADHESIVES AND SEALANTS Sika has closed the acquisition of Akkim, a leading global manufacturer of adhesives and sealants based in Turkey. The acquisition further strengthens Sika’s position in the adhesives and sealants industry and creates substantial growth opportunities through expanded distribution and geographic reach as well as enhanced manufacturing capacity. Akkim is a rapidly growing business that generated net sales of
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