IHS Chemical Week

Markets :: Specialty Chemicals :: Adhesives and sealants

Sika Acquires U.S. Firm

5:34 AM MDT | October 15, 2010 | Deepti Ramesh

Sika (Baar, Switzerland) says its Sika Corp. (Lyndhurst, NJ) subsidiary has acquired May National Associates (Lakewood, NJ), a manufacturer of silicone and polyurethane products for sealing and bonding in construction, industrial, and distribution markets. Financial details of the deal were not disclosed. May National has annual sales of about $20 million and employs 60 people. The acquisition will enable Sika Corp. to build up its silicone sealants offering, especially in the growing solar and façade markets in North America, Sika says. May National...

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