SIKA acquires manufacturer of silicone sealants and adhesives in China

摘要

Sika has agreed to acquire Crevo-Hengxin, a Chinese manufacturer of silicone sealants and adhesives used in both industry and construction applications. With this takeover, Sika is expanding its target markets industry and sealing & bonding presence in China and the Asia Pacific region, and is gaining additional silicone technology plus a production footprint. Crevo- Hengxin generates sales of CHF 50 million, with a workforce of 140 employees. Crevo-Hengxin is a family-owned manufacturer of a broad range of silicone products used for facades, fenestration, insulated glass, interior finishing and other sealing and bonding applications.