# Saint-Gobain to acquire SWH stake in Sika

Saint-Gobain will acquire Schenker-Winkler Holding AG (SWH) from the Burkard family, ending a legal dispute. Saint-Gobain will then sell a 6.97% stake in Sika to Sika for 2.1 billion Swiss francs and retain a 10.75% stake.

- Type: Acquisition
- Announced: 2018-05-11
- Where: Switzerland
- Value: $3.21B (3.22B CHF)
- Status: announced
- Products: building materials, chemicals
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Sika](https://endata.com/companies/10682.md) (target)
- [Schenker-Winkler Holding AG](https://endata.com/companies/31834.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/markets/europe/saint-gobain-to-take-stake-in-sika-as-construction-groups-end-dispute-idUSP6N1RO01Y/), 2018-05-11: "Saint-Gobain and Swiss peer Sika said on Friday they had reached an agreement to end a long-standing legal dispute, which will result in Saint-Gobain acquiring a large stake in Sika."
- [rttnews.com](https://www.rttnews.com/amp/2894148/saint-gobain-acquires-swh-sells-6-97-stake-in-sika-quick-facts.aspx), 2018-05-11: "Saint-Gobain announced it has acquired all outstanding shares of SWH from the Burkard family for a purchase price of 3.22 billion Swiss francs."
- [glassonline.com](https://www.glassonline.com/sika-and-saint-gobain-end-takeover-dispute/), 2018-05-17: "Under the terms, the heirs behind Sika sold their entire 17% stake for CHF 3.22 billion (USD 3.21 billion) to Saint-Gobain, giving up the special voting rights that were at the heart of the conflict with other Sika shareholders and management."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.