Suche
hier klicken, um den Ort für die Startseite festzulegen
Berlin
17
MI 7° / 17°
DO 11° / 19°
Dax6.305-1,4% TDax755-1,2% Dow12.453-1,0% NAS2.526-1,3% N2258.633-0,3% Öl88,51-2,5%
DB-Dax6.286-1,7% ESX2.126-1,6% S&P1.317-1,2% NasF2.527-1,3% EUR1,2423-0,5% Gold1.540,82-0,9%

Ad-hoc Meldungen und Investor Relations

Sika Strengthens Position in Korean Tunnel Waterproofing Market


Sika AG /
Sika Strengthens Position in Korean Tunnel Waterproofing Market
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

Sika Korea has agreed to acquire YEAN-IL INDUSTRIAL Co. Ltd. waterproofing
business. YEAN-IL holds a leading position in the Korean tunnel waterproofing
market with annual sales of approximately CHF 10 million.

Sika AG has through its Korean subsidiary, Sika Korea Ltd., agreed to acquire
100% of YEAN-IL's waterproofing business. YEAN-IL INDUSTRIAL Co. Ltd. is a
market leader in tunnel waterproofing membranes in South Korea with a well-
established brand and long project history.

YEAN-IL is located approx. 100 km south of Seoul and was established in 1973 by
Mr. Myung Ryul Kim. Both the founder and his son (and current CEO) will stay
with the business focusing on its integration and further development.

The acquisition of YEAN-IL's waterproofing business will enable Sika to expand
its market position in the Korean infrastructure sector and to offer a wide
array of combined product solutions and technologies tailored to the
requirements of the local market.


Sika AG Contact: Dominik Slappnig
Zugerstrasse 50 Corporate Communications & Investor Relations
CH-6341 Baar, Switzerland Tel.: +41 58 436 68 21
www.sika.com Fax: +41 58 436 68 50
slappnig.dominik@ch.sika.com





Sika AG Corporate Profile
Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals
company. Sika supplies the building and construction industry as well as
manufacturing industries (automotive, bus, truck, rail, alternative energies,
building components). Sika is a leader in processing materials used in sealing,
bonding, damping, reinforcing and protecting load-bearing structures. Sika's
product lines feature high-quality concrete admixtures, specialty mortars,
sealants and adhesives, damping and reinforcing materials, structural
strengthening systems, industrial flooring as well as roofing and waterproofing
systems. Worldwide local presence in 76 countries and some 14 000 employees link
customers directly to Sika and guarantee the success of all partners. Sika
generated annual sales of CHF 4.55 billion in 2011. Visit our website
atwww.sika.com.

The media release can be downloaded from the following link:


--- End of Message ---

Sika AG
Zugerstrasse 50 Baar

WKN: 858573;ISIN: CH0000587979;

Media Release:
http://hugin.info/100359/R/1583894/495397.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Sika AG via Thomson Reuters ONE

[HUG#1583894]