Sika owner goes to court to push through sale to Saint-Gobain

Date: 8 January 2015

The family that owns a controlling stake in Swiss chemicals firm Sika said on Monday it has filed a lawsuit to help push through a 2.75 billion Swiss franc ($2.73 billion) takeover by French building materials company Saint-Gobain.

Sika's majority owner, the Burkard-Schenker family, has been at loggerheads with the Swiss firm's management since early last month, when top executives and several board members not affiliated with the family said they would quit if the planned sale goes through.Read more at: www.reuters.com/article/2015/01/05/us-sika-m-a-saint-gobain-idUSKBN0KE11820150105The family that owns a controlling stake in Swiss chemicals firm Sika said on Monday it has filed a lawsuit to help push through a 2.75 billion Swiss franc ($2.73 billion) takeover by French building materials company Saint-Gobain.   

Sika's majority owner, the Burkard-Schenker family, has been at loggerheads with the Swiss firm's management since early last month, when top executives and several board members not affiliated with the family said they would quit if the planned sale goes through.

Read more at: www.reuters.com/article/2015/01/05/us-sika-m-a-saint-gobain-idUSKBN0KE11820150105

600450 Sika owner goes to court to push through sale to Saint-Gobain glassonweb.com

See more news about:

Others also read

STRATO® SOLAR has launched a user-friendly website to showcase its products and innovative solutions.
Registration for FIT Show 2025, taking place between 29 April – 1 May, is now live!
Satinal Spa invests in a new solar encapsulant plant opening in Italy in 2025.
In 2025, Saint-Gobain celebrates its 360th anniversary, marking the Group’s global influence, pioneering spirit, and holistic, circular approach.
Effective 1 January 2025, AGC Glass Europe acquires Sicherheitsglastechnik Oelsnitz GmbH (SGT), Verwaltungsgesellschaft Schuler & Weiß OHG, and its subsidiary SG Transport GmbH, expanding its safety glass operations in Germany.
Satinal is thrilled to announce its participation as a finalist in the prestigious i-NOVO Awards!

Add new comment

From industry