6 April, 2017
BURKARD FAMILY - PRESS RELEASE
Saint-Gobain extends its agreement with the Burkard family
Baar - Saint-Gobain has informed the Burkard family that it exercises the option to extend the agreement concerning the sale of Schenker-Winkler Holding (SWH). It is now valid until
31 December 2017. Up to then a decision of the High Court of Zug is expected. Furthermore, Saint-Gobain will then have the right to extend the agreement up until 31 December 2018.
Urs Burkard, spokesperson of the founding family of Sika, stated: «We are delighted that Saint-Gobain exercises its option to extend the agreement. It is our firm intention and our joint goal to bring this transaction to a successful closing.» The family considers Saint-Gobain as the ideal successor as anchor shareholder and partner for Sika to build the long-term successful future of the company.
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