Sika Germany

Sika has agreed to acquire Finja, a leading Swedish manufacturer of a wide range of mortars and integrated solutions that enhance efficiency and sustainability in construction. The acquisition will strengthen Sika’s Nordic presence and provide major cross-selling opportunities through the highly complementary product portfolios and increased presence in the distribution channel. In addition, it will enable substantial capacity expansion, supporting future growth by bringing a wider product offering closer to Nordic customers.

▪ Investments of CHF 120 to 150 million to drive digital excellence
▪ Non-recurring costs of CHF 80 to 100 million in 2025 for structural adjustments in China and efficiency measures in other markets
▪ Expected annual savings of CHF 150 to 200 million with full impact as of 2028
▪ Strategy 2028 confirmed. Target of 3-6% sales growth in local currencies excludes market growth element

Sika has acquired Awazil Al Khaleej Industrial Co. (“Gulf Seal”), a leading manufacturer of bituminous waterproofing membranes based in Riyadh, Saudi Arabia. The acquisition will significantly strengthen Sika’s position in the fast-growing Saudi and GCC construction markets and expand its product offering in the region.