Sika Corporation Has Acquired May National Associates
Sika AG, Baar, Switzerland, announced that its US subsidiary, Sika Corporation, Lyndhurst, New Jersey, has acquired May National Associates, Inc., a leading manufacturer of silicone and polyurethane products for sealing and bonding in Construction, Industrial, and Distribution markets. May National is located in Lakewood, New Jersey with annual sales revenue of approximately EUR 20 million USD and 60 employees.
After the successful acquisition and rollout of its engineered silicones business in Europe (since 2004), Sika can now build a strong silicone footprint in North America and expand its global silicone technology and know-how to this important region.
May National, founded in 1984, manufactures and markets a full range of silicone, polyurethane, hybrid, and acrylic sealants and adhesives.
May National will operate as a subsidiary of Sika Corporation and will be managed under the existing May National management team.
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