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Sika To Acquire Crevo-Hengxin - Quick Facts

Sika (SXYAY.PK,SKFOF.PK) said it is expanding the company's Target Markets Industry and Sealing & Bonding presence in China and the Asia Pacific region with the acquisition of Crevo-Hengxin. Based in Changshu, Crevo-Hengxin is a producer of silicone products used for facades, fenestration, insulated glass, interior finishing and other sealing and bonding applications.

Mike Campion, Regional Manager Asia/Pacific, said: "With the acquisition of Crevo-Hengxin, we will increase our know-how in this key technology, and expand our local production capabilities. We can immediately leverage the business potential of the new product lines by exploiting the cross-selling synergies offered by Sika's extended distribution channels."

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