IHS Chemical Week

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Sika buys fire protection coatings and systems business of Rütgers Organics

3:48 AM MDT | October 30, 2012 | Deepti Ramesh

Sika (Baar, Switzerland) says that it has acquired the fire protection coatings and systems business of Rütgers Organics (Mannheim, Germany), a member of International Chemical Investors Group (ICIG; Luxembourg). Financial terms were not disclosed. The acquired business has annual sales of about SF6 million ($6.4 million). The acquisition helps Sika to strengthen its market position in fire protection, the company says. The acquired business also provides Sika with a portfolio of well-established, advanced, eco-friendly water-based fire protection coatings...

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