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Tag Archives: Sika
Antitrust Raids Target Companies Accused of Anti-Competitive Behavior
Several European companies associated with auto glass replacement, specialty chemicals and construction were the target of unannounced antitrust raids by the European Commission and other investigative bodies. The Commission initiated the investigations following what it says were suspicions of anti-competitive … Continue reading
SIKA Announces Changes to the Board of Directors and Group Management
Earlier this month, Sika announced planned changes to the board of directors and the group management. The company says the decisions have been made ahead of the presentation of the new growth strategy at the Capital Markets Day on October … Continue reading
David Newell, Formerly of ADCO, SIKA, Passes Away
David Anthony Newell, 70, of Bowie, Md., died Oct. 11, 2021. Newell was with First Transit Co. for eight years, most recently in the role of inventory control. He battled multiple myeloma, a cancer of the plasma cells, which humans … Continue reading
Posted in glassBYTEs Original Story Tagged David Anthony Newell, First Transit Co., Sika Leave a comment
Sika Acquires Japanese Adhesives and Sealants Business
Sika has agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co., Ltd. Hamatite is a market leader in Japan, offering adhesives and sealants to the automotive and construction industries. According to Sika, the acquisition will significantly strengthen … Continue reading
Posted in glassBYTEs Headlines Tagged Hamatite, Paul Schuler, Sika, The Yokohama Rubber Co. Leave a comment
Webinar Gives an Inside Look into Crash Testing
A recent webinar highlighted the importance of crash testing and how minimum drive-away time (MDAT) relates to calibration. The webinar featured Mike Rea, a senior product engineer for SIKA Corporation (Sika), the webinar’s sponsor. Rea began the Crash Testing in … Continue reading
Posted in glassBYTEs Original Story Tagged Calibration, crash testing, MDAT, Mike Rea, Sika Leave a comment
Sika Corporation Joins Auto Glass Week™ 2021 as a Copper Sponsor
Sika Corporation is joining Auto Glass Week™ 2021 once again as a Copper-level sponsor at the three-day event in Orlando, Fla. at the Orange County Convention Center on June 7-9, 2021. Auto Glass Week is the only event dedicated exclusively … Continue reading
Posted in glassBYTEs Headlines Tagged AGW 21, Auto Glass Week 2021, Copper Sponsor, Sika, Sika Corporation Leave a comment
Import Glass Corporation Opens Location in Florida
Import Glass Corporation (IGC), and automotive glass distributor with 19 locations throughout the U.S., has opened its newest location in Opa Locka, Fla., to service all of South Florida. The company says it offers a full line of OEM and … Continue reading
Posted in glassBYTEs Headlines Tagged 3M, AGC, AP-Tech, ATI, Burco, Carlex, Carlite, CPI, Creative, Crinamex, CRL, DINITROL, Dow, Equalizer, FlexLine, Fuyao, Gold, Guardian, Import Glass Corporation (IGC), Marcy, Mopar, new location, PGW, Pilkington, PipeKnife, Precision, Saint-Gobain, Sika, UltraWiz Leave a comment
Sika Produces Safety Masks for Employees and Customers
At the Les Salles du Gardon factory in southern France, Sika has commenced the production of respiratory masks made almost entirely from Sika products. According to the company, nearly 50,000 masks have already been produced. The masks, according to Sika, … Continue reading
Mygrant Files Denial
Mygrant Glass Company Inc. (Mygrant) recently filed a response to O.E.M. Glass Network Inc. and Brooklyn Wholesale Glass Inc. (known together as OEMGN) amended complaint in the boycott lawsuit involving several industry companies. Mygrant denies all of the allegations in … Continue reading
Posted in glassBYTEs Original Story Tagged Auto Temp Inc., Boycott lawsuit, Fuyao Glass America Inc. (Fuyao), Interstate Glass of Amityville NY LLC (Interstate Glass), Metro Glass Distributing Inc. (Metro Glass), Mygrant, OEMGN, Sika, Vitro Automotive Glass LLC, Vitro Automotoriz (Vitro), Vitro S.A.B. de C.V., Xinyi Auto Glass North America Corp. (Xinyi) Leave a comment
SIKA Joins “Together for Sustainability” Initiative
Sika has joined the Together for Sustainability (TS) initiative and is a new member. The organization was founded in 2011 and aims to improve sustainability practice within the supply chain of the chemicals industry, according to the initiative. With this … Continue reading
Posted in glassBYTEs Headlines Tagged Marcos Vazquez, Sika, Together for Sustainability initiative Leave a comment
Sika Sees Growth in First Half of 2019
Sika published its half-year financial report which highlights its achievements and growth during its first six months of 2019. In it the company mentioned its 9.6% sales increase, as well as growth in all of its regions. Sika provides products … Continue reading
Sika Grows Overall In 2018
Sika recently published its annual financial report which highlights its achievements and growth in 2018. In it the company mentioned its 13.6 percent sales increase, its 5.9 percent net profit increase, and the company’s operating free cash flow, which increased … Continue reading
Posted in glassBYTEs Original Story Tagged 2018 financial report, company growth, new factories, Paul Schuler, Sika Leave a comment
Sika Corporation to Serve as a Bronze Sponsor of Auto Glass Week™
Auto Glass Week™ 2018 welcomes back Sika Corporation as a Bronze sponsor. Visit the company in booth 215 during the event that will be held September 27-29 at the Henry B. Gonzalez Convention Center in San Antonio, Texas. Sika Corporation … Continue reading
Sika Has Record Sales and Overall Growth
Sika’s sales growth percentage reached the double digits in 2018 so far. According to the company’s latest financial report, it has seen a 13.9 percent growth in sales within the first half of 2018. Meanwhile, the company has also seen … Continue reading
Sika Acquires Leading Automotive Supplier in Acoustics
Sika has agreed to acquire Faist ChemTec Group, a manufacturer of high-performance engineered, structure-borne acoustic solutions for the automotive industry. Headquartered in Worms, Germany, the company generates annual sales of CHF 190 million and employs 840 people worldwide. The transaction … Continue reading
Sika CEO Discusses Company Outlook
Sika recently held its Capital Markets Day where CEO Paul Schuler announced the company’s 2020 strategic targets, and one of its primary focuses over the next few years is the company’s automotive adhesives and materials. According to the company’s outlook … Continue reading
Sika Acquires Turkey-Based Manufacturer ABC Sealants
Sika announced it has acquired ABC Sealants, an Istanbul, Turkey-based manufacturer of sealants and adhesives, for an undisclosed purchase price, as of August 23. According to the company’s press release, the move was made to strengthen Sika’s presence in Turkey, … Continue reading
Industry Firms Make Forbes’ World’s Biggest Public Companies List
Forbes recently released its 2017 Global 2000 list of the world’s biggest public companies. The list features several firms within the automotive glass industry, including Saint-Gobain and Fuyao Glass. In the report, a company’s sales, profit, assets and market value … Continue reading
Posted in glassBYTEs Headlines Tagged AGC, Corning, Dow, Fuyao, LKQ, Saint-Gobain, Sika Leave a comment
SIKA Hits Record Sales; Auto Business Sees Double-Digit Growth
In the first half of 2017, SIKA Corporation reported a sales increase of 8.1 percent, or $3,140.4 million USD, and a net profit increase of 16 percent on a year-over-year basis. The company said the growth is largely due to … Continue reading
Sika Establishes 98th National Subsidiary in Senegal
Sika Establishes 98th National Subsidiary in Senegal
Sika Corporation Presents: Bay Area 365
Sika Corporation Presents: Bay Area 365
Sika posts higher Q1 Sales, Optimistic Outlook Ahead of AGM
Sika posts higher Q1 Sales, Optimistic Outlook Ahead of AGM
Sika’s Founding Family Outvotes Other Shareholders to Cap Dividend
Sika’s Founding Family Outvotes Other Shareholders to Cap Dividend
Saint-Gobain Extends Option to Buy Sika Stake From Family
Saint-Gobain Extends Option to Buy Sika Stake From Family
Sika Industry Appoints Mark Daniels to Vice President Transportation A/C
Sika Corporation, Target Market Industry has appointed Mark Daniels to the position of vice president Transportation A/C, effective as of January 2017. Daniels started his career with Sika in 2000 as a Senior Technical Service Engineer in Sika’s Madison Heights, … Continue reading
Sika Acquires Austrian Waterproofing Systems Maker
Sika will acquire an Austrian waterproofing system manufacturer, Sika said in a press release January 11. Continue reading
SIKA Receives Appeal of Swiss Court Decision in Takeover Attempt
SIKA AG has received an appeal filed by Schenker-Winkler Holding AG against a Swiss court that favored SIKA in a years-long dispute. Continue reading
Posted in glassBYTEs Original Story Tagged Saint-Gobain, Schenker Winkler Holding AG, Sika Leave a comment
Saint-Gobain Acquires Italian Adhesives Company
Saint-Gobain announced its acquisition of an Italian manufacturer of automotive adhesive tape. Continue reading
SIKA Corporation Returns as a Sponsor of Auto Glass Week™
SIKA Corporation will sponsor Auto Glass Week™ 2016 this fall in San Antonio, Texas. The three-day international event will feature automotive glass repair and replacement competitions, educational seminars and an exhibition floor. Continue reading
SIKA Automotive to Open Brazilian Adhesive Factory
SIKA Automotive will open a new factory in South America for adhesives and acoustic products. Continue reading
Posted in glassBYTEs Headlines Tagged Adhesives, AGRR, Brazil, glassBYTEs.com, Sika, Sika Automotive Leave a comment
SIKA Restricts SWH’s Voting Rights at Annual General Meeting
Saint-Gobain’s battle for control of SIKA continues on. The latest development came this week when the board of directors for Swiss specialty chemical company SIKA again restricted the voting rights of Schenker-Winkler Holding (SWH) to 5 percent of all registered shares during the annual general shareholders meeting. French conglomerate Saint-Gobain plans to acquire SWH, thus gaining majority voting rights in SIKA. Saint-Gobain has challenged the restricted voting rights’ strategy by SIKA’s board in the Swiss Zug Court. Continue reading
Saint-Gobain Extends Deal to Acquire Controlling Interest in SIKA
French conglomerate Saint-Gobain has extended its deal with the Burkard family, giving the company more time to acquire a controlling interest in Swiss specialty chemical company SIKA AG. The Burkard family owns SIKA’s majority voting rights via Schenker-Winkler Holding. Continue reading
Posted in glassBYTEs Original Story Tagged AGRR, Burkard, glassBYTEs.com, Saint-Gobain, Schenker-Winkler Holding, Sika, SWH 1 Comment
SIKA Announces Personnel Moves
SIKA has announced several promotions and personnel changes, including a new territory sales manager that previously worked at Mygrant Glass. Continue reading
Saint-Gobain Says Acquisition of SIKA Moving Forward
“Antitrust filings are proceeding as planned.” This is how French conglomerate Saint-Gobain’s management refers to the company’s bid to acquire Swiss specialty chemical company SIKA AG in its 2015 report on half-year results. Continue reading
Posted in glassBYTEs Original Story Tagged AGRR, First-half sales, glassBYTEs.com, Saint-Gobain, Schenker-Winkler Holding, Sika, SWH Leave a comment
Sika Corporation Returns as Sponsor of Auto Glass Week™ 2015
Sika Corporation is returning as a Silver Sponsor of Auto Glass Week™ 2015. The three-day international event is proud to once again welcome Sika Corporation, a leading supplier of adhesives and sealants serving the automotive, automotive aftermarket, automotive OES, industrial, marine and transportation markets. Continue reading
EU Commission Approves Saint-Gobain’s Bid to Acquire SIKA
The European Commission has approved the proposed acquisition of Swiss specialty chemical company SIKA AG by French conglomerate Saint-Gobain. Continue reading
Posted in glassBYTEs Original Story Tagged AGRR, EU Commission, European Commission, glassBYTEs.com, Saint-Gobain, Sika 1 Comment
SIKA Reportedly Gains New Shareholder that Opposes Saint-Gobain Deal
Swiss specialty chemical company SIKA AG has reportedly gained a new 3 percent shareholder that opposes the deal by Burkard family-owned Schenker-Winkler Holding (SWH). This deal would give majority voting rights in the company and subsequently ownership of SIKA to French conglomerate Saint-Gobain. Continue reading
SIKA Saga Continues
The Bill & Melinda Gates Foundation Trust and Cascade Investment, investors in Swiss specialty chemical company SIKA, have appealed to the Swiss Federal Administrative Court after they found the decision of The Swiss Financial Markets Authority (FINMA) concerning SIKA unfavorable. SIKA, its current management and some investors are attempting to stave off a bid by French conglomerate Saint-Gobain to gain a controlling interest in SIKA by acquiring Schenker-Winkler Holding (SWH). Continue reading
Sika’s Annual General Meeting Turns into 7-Hour Long Debate
Swiss specialty chemical company Sika AG’s seven-hour long annual general meeting of shareholders is one for the record books. The Swiss company’s management and several board members are in a standoff with Burkard family-owned Schenker-Winkler Holding (SWH) over the potential sale of SWH to Saint-Gobain, which would give the French conglomerate majority voting rights in Sika. Several key topics regarding this deal were voted on during the meeting. Continue reading
Posted in glassBYTEs Original Story Tagged AGRR, Burkard family, glassBYTEs.com, opt-out clause, Paul Hälg, Saint-Gobain, Schenker-Winkler Holding, Sika, SWH 7 Comments
Saint-Gobain, Burkard Family Extend Time Period for Deal
Saint-Gobain’s agreement with the Burkard family over the sale of Schenker-Winkler Holding (SWH) has been extended until June 30, 2016. The deal would position Saint-Gobain to gain majority voting rights in Swiss specialty chemical company Sika AG without having to make an offer for the remaining shares. Continue reading
Swiss Court Dismisses Request to Overturn Sika Board Decision
The Cantonal Court of Zug in Switzerland has dismissed Schenker Winkler Holding AG (SWH) request to review a decision by Sika’s Board of Directors to reduce the company’s voting rights to 5 percent. The Burkard family-owned company controls 16.1 percent of Sika’s capital and had 52.4 percent in voting rights. But now that SWH is limited to 5 percent voting rights, it can’t call an official meeting, making it more difficult for French building materials company Saint-Gobain to proceed with its deal to purchase SWH for $2.84 billion USD (CHF 2.75 billion). The deal was designed to give controlling interest in Sika to Saint-Gobain. Continue reading
Posted in glassBYTEs Original Story Tagged AGRR, Cantonal Court of Zug, glassBYTEs.com, Saint-Gobain, Schenker-Winkler Holding, Sika, SWH Leave a comment
Sika Automotive Names Moran Head of Global Automotive Marketing
Gregory Moran is now serving as vice president, head of global automotive marketing for Sika Automotive. Most recently, he was vice president of marketing industry and automotive for the company. Continue reading
Posted in glassBYTEs Headlines Tagged AGRR, glassBYTEs.com, Gregory Moran, Head of Global Automotive Marketing, Sika Leave a comment
Sika Sees Sales Climb 11.7 Percent
Sika reported sales growth of 11.7 percent in the third quarter. For the first nine months of the business year, sales increased by 15.8 percent. All regions contributed to the sales growth, according to officials. Continue reading
Posted in glassBYTEs Headlines Tagged AGRR, glassBYTEs.com, Jan Jenisch, Sika, Sika Third Quarter 2014 Leave a comment
Auto Glass Week™ Continues in Baltimore with Aquila Keynote
A plethora of educational seminars occurred Wednesday, as well as a keynote from Tony Aquila, CEO of Solera Holdings. Solera is the new parent company for LYNX Services and GTS. He offered a thought-provoking view of the future. He told … Continue reading
Posted in Video Tagged aegis, AGTO, Auto Glass Week 2014, newscast, Sika, Tony Aquila, WRO Leave a comment
Two Honored Today at Auto Glass Week™
During the opening session at Auto Glass Week™ today in Baltimore, David Rohlfing, vice president of the Auto Glass Safety Council™ (AGSC), honored two long-time industry veterans with awards. Jean Pero, sales manager for Mygrant Glass, received the Carl F. … Continue reading
Posted in glassBYTEs Original Story Tagged AGSC, Auto Glass Week 2014, Carl Tompkins, Mygrant, Sika Leave a comment
Sika Corp. Regional NA Automotive Adds New Team Member
Nicolae Bordeanu has joined Sika Automotive USA at Madison Heights, Mich., as a research scientist with a focus on Sika Reinforcer and SikaBaffle technologies. Continue reading
August Newscast Highlights Training
Learn about the technician training opportunities available through companies such as Dow, Sika and Glass Doctor, as well as the Auto Glass Safety Council™ in the August edition of the glassBYTEs.com™ newscast, sponsored by AGRR™ magazine. Continue reading
Posted in Video Tagged AGRR, AGRR magazine, Automotive Glass Training, Dow, Glass Doctor, glassBYTEs.com, Installation Training, Sika Leave a comment
Sika Promotes Nix
Sika Corp. has promoted Beth Nix to senior technician of research of development. In her new role she will continue to develop new product technology solutions for Sika Region NA Automotive and Target Market Industry divisions. Continue reading
Posted in glassBYTEs Headlines Tagged AGRR, Beth Nix, glassBYTEs.com, Julie Sherman, Sika Leave a comment
Sika Industry Target Market Names Business Development Manager
Jeremy Cooler has joined Sika Corp. as business manager for target market industry—transportation/A&C group. He is responsible for the introduction of new product technology, penetrating new markets, developing business opportunities as well as expanding the company’s reach in long-term strategic growth markets. Continue reading
Posted in glassBYTEs Headlines Tagged AGRR, AGRR magazine, Fabrico, glassBYTEs.com, Jeremy Cooler, Sika, Tony Martin Leave a comment
Sika Region NA Automotive Names New Key Account Manager
Sika Corp. Region NA Automotive has named Paul Gross as key account manager, original equipment suppliers (OES). In his new role, he will be responsible for all sales activities for multiple OES accounts. Continue reading
Posted in glassBYTEs Headlines Tagged AGRR, AGRR magazine, glassBYTEs.com, Paul Gross, Sika, Sika Corp. Region NA Automotive Leave a comment
Sika Corp. Promotes Gaultney
Sika Region NA Automotive has promoted Zack Gaultney to launch and planning manager for the Grandview, Mo., facility. Continue reading
Posted in glassBYTEs Headlines Tagged AGRR, AGRR magazine, Cedric Gray, glassBYTEs.com, Sika, Sika Region NA Automotive, Zack Gaultney Leave a comment
SIKA Promotes Moran and Weber
Madison Heights, Mich.-based Sika Corp. has announced two personnel changes. Greg Moran has been promoted to the position of vice president of marketing and Phil Weber has been promoted to the position of vice president of product engineering and technical … Continue reading