Paint & Coatings Manufacturer News

Sika Acquires

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By: KERRY PIANOFORTE

Editor, Coatings World

Sika has agreed to acquire Proxan Dichtstoffe GmbH. The German company, located in Greiz, Thuringia, is a manufacturer of sealants for the production of insulated glass and for construction joints. Proxan develops, produces and sells sealants made from polysulfide and two component-polyurethane. The company is staffed by 13 employees. With the acquisition of Proxan, Sika augments its technologies, particularly in sealants for the production of insulated glass.

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