Press Release: Parex Group : SIKA MADE BINDING OFFER TO ACQUIRE PAREX

Sika AG / SIKA MADE BINDING OFFER TO ACQUIRE PAREX . Processed and transmitted by West Corporation. The issuer is solely responsible for the content of this announcement. Sika made binding offer to acquire Parex from CVC Fund V Parex, a leading mortar manufacturer with sales of CHF 1.2 billion and an impressive track record of profitable growth and attractive margins (EBITDA: 16% margin) Strong footprint with 74 plants in 23 countries Combining two "growth engines", highly complementary in product offering and channel penetration