# Sika completes acquisition of AkzoNobel's building adhesives business

Sika completed the acquisition of AkzoNobel's Building Adhesives business for €260 million on October 1, 2013, including two manufacturing facilities in Germany and France and 550 employees.

- Type: Acquisition
- Announced: 2023-07-19
- Where: Rosendahl, Germany; Damville, France, Germany
- Value: $352.0M (260.0M EUR)
- Jobs: 550
- Status: completed
- Products: building adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Sika](https://endata.com/companies/10682.md) (acquirer)
- [AkzoNobel](https://endata.com/companies/11242.md) (target)

## Sources

- [cobalt.legal](https://www.cobalt.legal/news-cases/cobalt-teamed-with-baker-mckenzie-on-advising-sika-on-the-acquisition-of-akzonobels-building-adhesives-business/), 2023-07-19: "With this acquisition, Sika increases its product offering for interior finishing, particularly targeting the professional craftsman."

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