Sika Österreich GmbH will acquire all interests in Haberkorn Abdichtungssysteme GmbH, based in Wolfurt, from Haberkorn Holding AG, Austria. This acquisition will streamline the distribution structure of Sarnafil membranes in Austria.
Sika Österreich GmbH will acquire all interests in Haberkorn Abdichtungssysteme GmbH, based in Wolfurt, from Haberkorn Holding AG, Austria.
Haberkorn Abdichtungssysteme GmbH is an established and highly successful provider of Sarnafil membranes in the Austrian market. Sarnafil roofing membranes account for some CHF 27 mil. of Haberkorn Abdichtungssysteme GmbH's annual sales.
At the end of 2005 Sika Group acquired Sarna Polymer Holding Inc., which manufactures Sarnafil membranes. The acquisition of Haberkorn Abdichtungssysteme GmbH is part of the strategy to streamline the distribution structures for Sarnafil membranes in Austria. Haberkorn Holding AG will no longer operate in the roofing membranes business. Sika will take over the distribution network as well as the employees and retain the Wolfurt location.
The cooperation with Haberkorn in the area of logistics and the product portfolio will continue. Customers will be able to benefit from additional products and services from Sika.
The finalization of the transaction is contingent on the approval of the Austrian antitrust authorities.
Sika AG - a corporate profile Sika AG, located in Baar, Switzerland, is a globally integrated company supplying the specialty chemicals markets. It is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures in construction (buildings and infrastructure construction) and in industry (vehicle, building component and equipment production). Sika's product lines feature high-quality concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring and membranes. Subsidiaries in 70 countries worldwide and 10,000 employees link customers directly to Sika and guarantee the success of all of its business relationships. With this business structure Sika generates annual sales of approximately CHF 2.9 billion. Visit our website at www.sika.com.
The media release can be downloaded from the following link:
--- End of Message --- WKN: 858573; ISIN: CH0000587979; Index: SMCI, SPI, SPIEX, SMIEXP, SMIM; Listed: Main Market in SWX Swiss Exchange;