Sika said it has acquired United Gilsonite Laboratories or UGL in the United States. In 2021, UGL generated sales of 65 million Swiss francs.
With headquarters and production in Scranton, Pennsylvania, and two additional production sites in Illinois and Mississippi, UGL is a long-standing company offering consumer and DIY liquid waterproofing products with a strong presence in the distribution channel, the company said in a statement.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.