# Sika to acquire Hamatite adhesives business from Yokohama Rubber

Sika has agreed to acquire Hamatite, the adhesives and sealants business of Yokohama Rubber Co., for approximately $176 million in annual sales. The transaction is subject to antitrust clearance.

- Type: Acquisition
- Announced: 2021-07-08
- Where: Tokyo, Japan
- Value: $176.0M
- Status: announced
- Products: adhesives, sealants, polyurethanes, hot melts, modified silicones
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Sika](https://endata.com/companies/10682.md) (acquirer)
- [Hamatite](https://endata.com/companies/53526.md) (target)
- [Yokohama Rubber Co.](https://endata.com/companies/53527.md) (target)

## Sources

- [usglassmag.com](https://www.usglassmag.com/mergers-acquisitions-34/), 2021-07-08: "Sika has agreed to acquire Hamatite, the adhesives business of the Yokohama Rubber Co. Ltd., which offers adhesives and sealants to the construction and automotive industries."

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