Court rejects challenge action

Court rejects challenge action of Schenker-Wrinkler holding Ag in Sika case


In its decision of October 27, 2016, the Cantonal Court (“Kantonsgericht”) Zug denied all requests of Schenker‐Winkler Holding AG (SWH). The Court held that the share transfer restriction (“Vinkulierung”, art. 4 of Sika’s articles of association) applies to the sale of the Sika shares held by SWH to Saint‐Gobain.

The non‐conflicted Board members welcome the decision as it confirms their position and

legitimizes the actions of Sika’s Board. The non‐conflicted Board members re-emphasize that

they continue to be available for discussions with the Burkard family to find an amicable solution that is in the best interest of all stakeholders.

A media conference will be held today 3 November 2016 at 8.00 p.m. CET at Sika, Tüffenwies 16, 8048 Zurich. The media conference will be transmitted live on the Sika website. Link to live transmission of the media conference:

For more information on Sika products and systems, visit

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