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 suppliers and expands its product offerings for vehicle interiors. The deal includes three production plants in Japan, China, and Taiwan, creating an integrated production network to serve Asia-Pacific customers efficiently and generate cost synergies. Expected to close by mid-2027, the acquisition also opens new growth opportunities in battery solutions and high-value market segments in Taiwan, strengthening Sika's presence and innovation capabilities in the region.
Sika's acquisition of Resonac's adhesive division for Asian markets is a notable development. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Oct 21, 2026 12:11 WIB: out of 83 US stocks, 43 rose and 37 fell. James Hardie Industries (JHX) gained 3.52% to USD 26.45, while Americas Gold and Silver Corporation (USAS) dropped 4.24% to USD 3.61.
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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,...
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