Cement News tagged under: Sika

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St-Gobain gets green light to acquire control of Sika

16 September 2015, Published under Cement News

The Swiss competition commission (Comco) has authorised the control of Sika by construction materials giant St-Gobain, the French company announced in a press release on Tuesday. This decision follows the favourable ruling handed down by the European Commission on 22 July 2015 as well as the decisions already received from other competition authorities, notably in the United States and China.

Buzzi Unicem

03 August 2015, Published under Cement News

Buzzi Unicem is selling the remaining 50 per cent of cement additives group Addiment Italia to its joint venture partner Sika AG, which had been its partner since 2003.

St-Gobain to acquire controlling stake in Sika

09 December 2014, Published under Cement News

St-Gobain is buying a controlling stake in constructive chemicals specialist Sika for EUR2.3bn. The group is also launching a competitive bidding process to dispose of the remaining portion of the its packing business (Verallia Europe). St-Gobain is is proposing the acquisition of a 16 per cent family stake in Sika, which controls 52 per cent of group voting rights, meaning St-Gobain will fully consolidate the acquisition. Analysts at JP Morgan believe that the acquisition of Sika – whi...