Approved · Notification · Phase 1 · decided in 21 days, 16 July 2026
UnclassifiedMN-40027ACCC register
Sika AG, a Swiss speciality chemicals group, is acquiring 100% of the equity in Akkim, a Turkish chemical product manufacturer. Akkim specialises in sealants, adhesives, PU foams, and waterproofing products, with its Akfix brand prominent in Australia. This share acquisition expands Sika's presence in the chemical sector.
Sika AG proposes to acquire 100% of the equity in Akkim Yapı Kimyasalları Sanayi ve Ticaret Anonim Şirketi, Akfix Kimya Lojistik Hizmetleri Limited Şirketi, Akde Kimya Sanayi ve Ticaret Anonim Şirketi, and Akkim Europe SRL (together, Akkim ). Sika AG is a globally active speciality chemicals group headquartered in Switzerland. Sika AG supplies chemical-based admixtures, mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring, as well as roofing and waterproofing systems. Their products are used in the building sector and by manufacturing industries. Akkim, founded in Turkey, is a chemical product manufacturer specialising in the manufacture of sealants, adhesives, PU foams, waterproofing products and aerosols. Akkim’s main brand in Australia is Akfix.