Thomas Hasler (CEO) Thierry F. J. Vanlancker (chairman)
Products
Concrete admixtures and additives, roofing and flooring systems, adhesives and sealants, waterproofing solutions, mortar products, solutions for engineered refurbishment and the industrial sector
Sika AG is a Swissmultinationalspecialty chemical company that supplies to the building and motor vehicle industries, headquartered inBaar,Switzerland. The company develops and produces systems and products for bonding, sealing, damping, reinforcing and protecting. It has 34,500 employees, and subsidiaries in more than 102 countries around the world. It manufactures in over 400 factories.[1]
Sika AG is the legal entity for the holding company, which includes the Sika organizations worldwide, Sika Technology AG and Sika Services AG.
1910: Kaspar Winkler founded Sika under the name Kaspar Winkler & Co,Zurich. Winkler's first inventions were agents to protect and cleangranite and a waterproofing agent formortars. This waterproofing agent named Sika-1 is still sold today in a slightly modified version.
1912: Subsidiary founded. In Southern Germany, a subsidiary with its own, smallscale manufacturing facility was founded. By hiring a director for foreign operations who cared about the Sika operations, more subsidiaries were founded inEngland,Italy andFrance.
1918: TheSwiss Federal Railways ran successful trials using Sika to waterproof thetunnels of theGotthard section. Waterproofing became necessary with the introduction of electric trains. The Swiss National Railways waterproofed 67 tunnels with Sika during the following years, which was Sika's breakthrough, as it represented the first big reference project, a truelandmark.
1935: Worldwide presence. BeforeWorld War II, Fritz Schenker, Winkler's son-in-law, drove forward the expansion in Europe, North and South America and Asia.
1950 - 2000
1971: Second generation change. Romuald Burkard took over the leadership of the group of companies which by 1968 had become a single integral corporate structure with Sika Finanz AG as the parent company. Subsequentlly, Sika was listed on the Swiss Stock Exchange.
1990: Challenging environment. The 1990s was a challenging decade for Sika. To improve performance, the company withdrew from less lucrative, non-core businesses, such as the building of robots used to restore sewer lines. Sika also abandoned the manufacture of road building products.
2000: Core competencies. Sika launched a focused growth strategy and summarizes its core competencies as sealing, bonding,damping,reinforcing and protecting.
2000 - present
2010: 100-year anniversary. Worldwide celebrations at all subsidiaries.
2018: Sika, the Burkard family and Saint-Gobain signed agreements which terminated and resolved their dispute to the common benefit of all parties involved and that of their respective shareholders and stakeholders.
2019: Acquisition of Parex. In May 2019, Sika acquired Parex, a global mortar manufacturer with a focus on tile setting materials and facade renderings.[2]
2023: Acquisition of MBCC Group. In May 2023, Sika acquired a global construction chemicals company offering a wide range of products which help enhance efficiency, performance and sustainability in the construction industry.[3] This represents Sika's largest acquisition to date.
Besides the brand Sika, more than 900 productbrands are in use, including Sikaflex, SikaTack, Sika ViscoCrete, SikaBond, Sikafloor, Sika CarboDur Sikagard, Sika MaxTack, Sikaplan, Sikament, Sikadur, SikaLastic, SikaRoof MTC, Sika Unitherm and Sika Sarnafil.
CHF 11.763 billion (2024)[1]
Swiss Market Index companies of Switzerland