Baker McKenzie advised Sika on the acquisition of the FAIST ChemTec Group. Faist ChemTec is a leading manufacturer of high-performance engineered, structure-borne acoustic solutions. The acquisition brings technology and know-how that will accelerate Sika’s growth and drive market penetration via the strong synergies between the two companies. The transaction is subject to clearance by anti-trust authorities.

Baker McKenzie advised Sika on all legal aspects of the acquisition of FAIST Group from L-GAM Investments SCSp, a long-term investment company. The transaction is structured as a share deal and is covered by a so-called Warranty & Indemnity Insurance.

Faist ChemTec Group is a leading manufacturer of high-performance engineered, structure-borne acoustic solutions for the automotive, household appliance and construction industries. Headquartered in Worms, Germany, the company generates annual sales of CHF 190 million and employs 840 people worldwide.

The newly acquired technologies perfectly complement Sika's strengths in attenuating airborne noise and structurally reinforcing body panels, allowing Sika to now select customers from an even broader portfolio. In addition, Sika acquires know-how in acoustic technologies for household appliances and the construction industry.

"The acquisition of Faist ChemTec fits in perfectly with the growth strategy of our long-standing client. We were able to legally help Sika achieve its goals through the quick completion of the transaction," commented Corporate/M&A partner Dr. Florian Kästle.

Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protection in the building sector and the motor vehicle industry. Sika has subsidiaries in 98 countries around the world and manufactures in over 190 factories. Its more than 17,000 employees generate annual sales of CHF 5.75 billion.

Baker McKenzie's Corporate / M&A team regularly advises on domestic and international transactions and restructurings. Most recently, Baker McKenzie advised Materialize NV on the acquisition of ACTech GmbH, Sulzer AG on the acquisition of Transcodent, Trimble on the acquisition of Müller-Elektronik, Tokheim Service Group on a strategic partnership with Kärcher, SPIE on the acquisition of LÜCK Group, Grünenthal Group on the Acquisition of Adhesys Medical GmbH, Flowserve Corporation on the sale of the Gestra Group, ZF Friedrichshafen on the sale of the Cherry Group, GFKL on the acquisition of the Tesch Group and CORESTATE on the acquisition of HFS Financial Services and Hannover Leasing.


Legal advisor to the Sika: Baker McKenzie


Corporate/M&A: Dr. Florian Kästle (partner, Frankfurt)


Corporate/M&A: Dr. Björn Simon (counsel, Frankfurt), Dr. Peter Wand (Partner, Frankfurt), Dr. Giannina Kreutz (associate, Berlin)
Employment: Dr. Hagen Köckeritz (partner, Frankfurt), Dr. Anna Verena Böhm (counsel, Frankfurt)
Competition: Dr. Nicolas Kredel (partner), Dr. Anja Palatzke (associate, both Düsseldorf)
IP: Andreas Jauch (associate, Frankfurt)
Commercial: Ingmar Oltmanns (associate, Frankfurt)
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