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Wacker Silicones Sells Curtain Wall Bonding and Sealant Business to Sika

Published on 2004-05-03. Author : SpecialChem

 

Wacker Silicones sold its curtain wall bonding and sealant business to Sika AG of Baar, Switzerland, thus completing a general agreement to this effect signed in November 2003. As announced late last year, Sika has now acquired the exclusive rights to Wacker Silicones' Elastosil IG, Elastosil SG and Ventotec product lines, which will be integrated into Sika's organization as "Facade Systems". The purchase price was not disclosed.

The both companies were convinced the new arrangement will provide even better growth perspectives for these silicone sealants. Elastosil silicone sealants are specially developed for challenging applications in glass, metal and natural stone curtain walls. They include silicone weatherseals, products for structural glazing and sealants for double glazing units.

Sika is a world leader in polyurethane-based curtain wall technology (Sikaflex). Its product range did not previously include silicone products. After the completion of the new arrangements, customers will be able to purchase the full range of facade adhesives from a single supplier.

The companies promise that former Wacker Silicones' customers will still be supported at Sika by their regular contacts.

Source: Wacker Silicones


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