Sika Completes Akkim Acquisition, Significantly Strengthening Global Adhesives and Sealants Business

September 13, 2026

GlobeNewswire / Sika AG Switzerland

Overview

Sika has announced the completion of its acquisition of Akkim, a prominent Turkish adhesives and sealants manufacturer. This strategic move significantly enhances Sika’s global standing in the adhesives and sealants industry. By integrating Akkim’s extensive product portfolio and established distribution network, Sika aims to expand its geographical reach, reinforce manufacturing capabilities, and capture substantial growth opportunities, particularly in Turkey and surrounding emerging markets.

In Depth

Key Findings

Sika, the Switzerland-based specialty chemicals company, has successfully completed the acquisition of Akkim, a leading Turkish manufacturer of adhesives and sealants. This acquisition significantly strengthens Sika’s global presence and competitive edge in the adhesives and sealants market, marking a crucial milestone in its growth strategy.

Technical Details

Akkim has earned a strong reputation for developing and manufacturing high-performance adhesives, sealants, and polyurethane-based products used across various industrial sectors. Its product range spans construction, automotive, industrial, and consumer applications. The integration of Sika’s existing technological platforms with Akkim’s expertise will enhance both companies’ R&D capabilities, enabling the delivery of more innovative products and solutions to the market. Specifically, Akkim’s strengths in polyurethane foams, silicone sealants, and hot-melt adhesives will complement Sika’s product portfolio, allowing for more comprehensive solutions for customers.

Background and Industry Context

The adhesives and sealants market continues to experience stable growth, driven by robust construction activities, increased automotive production, and growing demands for sustainability. Turkey, with its strategic geographical location and rapid economic growth, boasts particularly active construction and manufacturing sectors, making it a significant potential market for adhesive and sealant products. The acquisition of Akkim not only establishes manufacturing bases and distribution channels for Sika within Turkey but also provides a strong foothold for expanding access to surrounding emerging markets in the Middle East, Africa, and Eastern Europe. This will enable Sika to increase its market share in these regions and diversify its revenue base.

Strategic Significance and Outlook

Sika’s acquisition of Akkim is expected to further solidify its leadership in the global market. The integration of both companies will allow customers to benefit from a broader range of high-quality products and advanced technical support. Sika aims to maximize synergies by leveraging Akkim’s excellent manufacturing capabilities and market knowledge, targeting improved profitability and long-term growth. This strategic move also signals an active M&A landscape in the adhesives and sealants industry, which could impact the overall competitive environment. Through the integration of Akkim, Sika plans to enhance its provision of sustainable building and industrial solutions and further boost its innovation capabilities.

Source: https://www.globenewswire.com/news-release/2026/09/03/3355639/0/en/sika-closes-acquisition-of-akkim-accelerating-global-expansion-in-adhesives-and-sealants.html

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