Sika to Strengthen Global Presence with Akkim Acquisition
Swiss-based global specialty chemicals company Sika has agreed to acquire Akkim, a global manufacturer of adhesives and sealants based in Turkey. The acquisition will strengthen Sika’s position in the global adhesives and sealants industry and unlock substantial growth opportunities through expanded presence in the distribution channel and broader geographic reach. In addition, Akkim will add considerable production capacity, enabling a more efficient operational footprint.
Akkim is a rapidly growing, family-owned business with an expanding presence in the global adhesives and sealants industry that generated net sales of approximately CHF 220 million in 2025. Akkim’s broad customer base is served through an extensive, well-established distribution network focused on the high-growth markets in Eastern Europe, Central Asia, the Middle East, and North Africa. With its large product portfolio, the company covers a wide range of adhesive and sealant applications and technologies for a wide variety of sectors, including paper and packaging. The offering is based on proprietary formulations developed by a strong R&D team.
Akkim operates two large-scale production facilities in Turkey and Romania, and is currently further strengthening capacity with an additional major site in Turkey to support future growth. The strategically located manufacturing sites provide significant potential to serve as production and export hubs for a broad geographic region.
The acquisition is fully aligned with Sika’s Strategy 2028, which places a key focus on expanding the adhesives and sealants business and strengthening the company’s distribution presence within this segment. The Turkish company’s deep channel know-how and wide network will significantly support the further development of Sika’s distribution, retail, and e-commerce business.
Key Value Drivers
Expanding Product Offering: Sika’s acquisition of Akkim aims to significantly broaden its adhesives and sealants portfolio, particularly for the distribution channel. The combined broad portfolio will enhance Sika’s position as the preferred partner for distributors and unlock substantial new growth opportunities with key customers across the region.
Leveraging Customer and Channel Access: Akkim’s extensive distribution network will significantly broaden Sika’s customer reach and unlock considerable cross selling opportunities for complementary products, including repair mortars and waterproofing solutions. Together with an expanded geographic footprint, the combined offering will create a strong platform for accelerated growth.
Expanded Production Footprint and Capacity: By integrating Akkim’s strategically located and efficient manufacturing facilities, Sika will establish a high-capacity production and export hub for distribution focused adhesives and sealants that enhances its operational footprint and supports long term growth in this segment.
“The acquisition of Akkim marks a major step in strengthening our position in the adhesives and sealants industry. Akkim’s strong growth platform, highly complementary product portfolio, and deep customer relationships offer significant growth opportunities and value creation. We look forward to welcoming the Akkim team into the Sika family and driving our joint success in the years ahead,” says Sika Regional Manager EMEA Christoph Ganz.
The transaction is subject to certain regulatory approvals. Closing of the acquisition is expected in the third quarter of 2026.
