Sika acquires Proxan Dichtstoffe GmbH in Germany

Sika acquires Proxan Dichtstoffe GmbH in Germany

Sika is acquiring 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 twocomponent-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. Proxan's know-how and products enable Sika to supply a complete, coordinated system to the rapidly growing market of “bonded windows.” Proxan's polysulfide-based joint sealants ideally complement Sika's range of products.