Sika Corp. Acquires May National
October 19, 2010
Sika AG announced that its U.S. subsidiary, Sika Corp. in Lyndhurst, N.J., has acquired Lakewood, N.J.-based May National Associates Inc., a manufacturer of silicone and polyurethane products for sealing and bonding in construction, industrial and distribution markets. According to the announcement, the acquisition will help Sika Corp. expand its position in sealing and bonding by enabling it to build its silicone sealants offering, especially in the North American solar and façade markets.
May National will operate as a subsidiary of Sika Corp. and will be managed under the existing May National management team. The announcement notes that May National has annual sales revenue of approximately $20 million and 60 employees.
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