Sika

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Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. Sika has subsidiaries in 100 countries around the world and manufactures in over 300 factories. Sika employs more than 25,000 people and generated sales of CHF 8.1 billion in fiscal 2019. At the end of 2019 Sika won the Swiss Technology Award for a groundbreaking new adhesive technology.

Profile Description

Growth stands at the center of the Sika strategy. Various initiatives contribute to the achievement of the targets. Since 2015 Sika made 25 acquisitions, opened 11 new national subsidies and 44 new plants. The successful Target Market concept has been implemented and megatrends are driving growth.

In this context, innovation is one of the pillars of the Sika growth strategy: 425 new patents were filed and 21 Global Technology Centers are maintained throughout the world. Sika is committed to sustainable development. With the Sika sustainability strategy the company pursues the objective of creating lasting value for people and the environment, while at the same  time adopting a moderate and sustainable approach to the utilization  of resources. Thus, shaping the future responsibly.

In May 2017, Sika enters the Swiss Market Index (SMI), the leading index of the Swiss stock exchange, containing the top 20 Blue Chip companies of Switzerland.  This represents a milestone in the history of Sika and a great achievement that was only possible due to the successful Growth Strategy and focused performance management.

In May 2018, Sika, the Burkard family and Saint-Gobain have signed agreements which terminated and resolved their dispute to the common benefit of all parties involved and that of their respective shareholders and stakeholders.

In May 2019, Sika completes the acquisition of Parex, the biggest acquisition of the company’s history. With this acquisition, Sika further strengthens its world leader position in construction chemicals.

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