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Sika acquires automotive glass replacement adhesive systems business
Sika Corporation, the U.S. subsidiary of Sika AG, has acquired the automotive glass replacement business of ADCO Products earlier this week. The business acquired reaches an annual turnover of approximately USD 6-7 million and will be integrated into Sika’s Aftermarket Business Unit in the United States and its Industry Division in Canada and Latin America. As part of the transaction, Sika acquired the rights to the "Titan" brand name of auto glass adhesives. Also, four sales representatives from ADCO’s AGR (Automotive Glass Replacement) division are expected to join Sika’s existing 21 person sales force. Sika Corporation is based in Lyndhurst, New Jersey.