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The associated sales proceeds amount to €200 million.
April 6, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sika has closed the transaction related to the divestment of the European industrial coatings business. The deal was announced on Aug. 19, 2021. The associated sales proceeds amount to €200 million. The transaction will have a positive one-time impact on the profitability of Sika in the first half-year 2022. The final effect on the financial statements will be presented in the half-year report to be published on July 22, 2022.
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