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Home  > Markets & companies  > Coatings market  > Sika acquires Chinese manufacturer of sili...

Wednesday, 16 October 2019
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Markets & companies, Coatings market

Sika acquires Chinese manufacturer of silicone sealants and adhesives

Tuesday, 17 September 2019

Sika has agreed to acquire Crevo-Hengxin, a Chinese manufacturer of silicone sealants and adhesives used in both industry and construction applications.

Crevo-Hengxin manufactures a broad range of silicone products used for facades, fenestration, insulated glass, interior finishing and other sealing and bonding applications. Quelle: stockphoto-graf – stock.adobe.com.
Crevo-Hengxin manufactures a broad range of silicone products used for facades, fenestration, insulated glass, interior finishing and other sealing...

With this takeover, Sika is expanding its Target Markets Industry and Sealing & Bonding presence in China and the Asia Pacific region, and is gaining additional silicone technology plus a production footprint. Crevo-Hengxin generates sales of 45 million Euro, with a workforce of 140 employees.  

Silicones for the growing solar industry

Crevo-Hengxin is a family-owned manufacturer of a broad range of silicone products used for facades, fenestration, insulated glass, interior finishing and other sealing and bonding applications. In addition, the company holds a leading position as supplier of silicones for the growing solar industry.  Crevo-Hengxin is located in Changshu, 50 kilometers north of Suzhou.

Operations comprise a production facility, a state-of-the-art R & D Center, a warehouse, and offices.

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