Swiss speciality chemicals drive expansion in the sealant market
Sika plans to acquire Turkish adhesive and sealant manufacturer Akkim. The Zug-based specialty chemicals company wants to expand its supply chains in the adhesive and sealant trade. The additional distribution channels will also be used to expand its online business.
Sika has announced the acquisition of Akkim, a Turkish company specialising in adhesives and sealants. The Zug-based specialty chemicals group aims to expand its customer reach and strengthen its market position in the global adhesives and sealants industry. According to a statement, the acquisition is expected to be completed in the third quarter of 2026.
Akkim, based in Istanbul with two production facilities in Turkey and Romania, distributes adhesives and sealants for the construction sector via a wide-ranging customer network. Established distribution channels in Eastern Europe, Central Asia, the Middle East and North Africa enable it to serve a broadly diversified customer base. According to the announcement, net sales in 2025 amounted to the equivalent of CHF 220 million.
Sika expects the greater geographical reach to provide significant growth opportunities. “The acquisition will enable Sika to establish a highly efficient production and export hub for sales-oriented adhesives and sealants, which will support long-term growth in this segment,” the statement said.
Sika also intends to use Akkim’s additional expertise and broad network to expand its e-commerce business and offer complementary products such as repair mortars and sealing solutions through cross-selling.