Sika acquires protective coatings business from Du Pont

Citation

(2007), "Sika acquires protective coatings business from Du Pont", Anti-Corrosion Methods and Materials, Vol. 54 No. 2. https://doi.org/10.1108/acmm.2007.12854bab.012

Sika acquires protective coatings business from Du Pont

Sika acquires protective coatings business from Du Pont

Sika, based in Switzerland, will acquire the protective coatings business in Germany from Du Pont. The transaction, which is expected to be completed by year end, is subject to regulatory approval. With its protective coatings business, Du Pont develops, produces and sells highly resistant coatings for flooring, concrete and steel under the trademarks “Unitherm” “Permacor” “Epiter” “Asplit” and “Betonol”. Together with the new technology and the “Unitherm” brand, Sika will be gaining strategically significant access to fire protection applications. This field ideally complements Sika's traditional concrete and steel protection businesses. Following the takeover, about 150 Du Pont protective coatings employees, based mainly at the Vaihingen/Enz site in Germany, will join Sika.