New York, NY, May 6, 2008 – Baker & McKenzie LLP announced today that it represented Sika Corporation in its acquisitions of the industrial flooring businesses of Valspar Corporation and ICS Garland, Inc. These additions greatly enhance and complement Sika’s fast growing position in the industrial polymer flooring market. The terms of the transactions were not disclosed.
Sika Corporation, a subsidiary of Sika AG, Baar, Switzerland, is a supplier of specialty chemical products and industrial materials serving construction and industrial markets including transportation, marine, and automotive. Sika has annual sales of approximately US$2.1 billion (CHF 2.9 billion), over 10,000 employees and operations in more than 70 countries.
The Baker & McKenzie team was led by New York M&A Partners James Colihan and Alan Zoccolillo with assistance from associates Neil Reddy and Damaris Acosta. On employment matters, New York Partners Richard Reilly and Pia Flanagan with assistance from associates Nicole Calabro and Elizabeth White . On IP matters, New York Partner Lisa Rosaya with assistance from associates Julia Talke, Joi Lakes and Anthony Flint and paralegal Charlotte Sacca. On tax, New York Counsel Ross Macdonald.