Sika AG has agreed to acquire the adhesives business of Japan's Resonac Corporation, which serves automotive customers across Asia. This acquisition will expand Sika's access to key Japanese automotive OEM suppliers and broaden its product offerings, especially for automotive interior applications. The deal also creates operational synergies through a more efficient manufacturing network across Asia-Pacific and opens growth opportunities in battery solutions and high-value markets. The acquisition is expected to close by mid-2027, strengthening Sika's position in the Asian adhesives market.
Sika's acquisition of an adhesives business serving Asian automotive markets is presented here with Pluang's Basic Materials sector data for context. As of Oct 21, 2026 12:11 WIB, 43 of 83 US stocks in this sector rose while 37 fell. Notably, Silvercorp Metals Inc. (SVM) traded at USD 9.26 with a 1-day change of -5.27% and 100% buy order activity, contrasting with Solstice Advanced Materials Inc. (SOLS) at USD 63.12 gaining 4.38%, and Americas Gold and Silver Corporation (USAS) at USD 3.61 down 4.24%.
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Sika AG has agreed to acquire the adhesive division of Japan's Resonac Corporation, which specializes in adhesive technologies primarily for automotive customers in Asia. This acquisition enhances Sika's market access to key Japanese automotive suppl...
