Sika has acquired Axson Technologies to expand its product offerings and expertise in the Tooling and Composites sectors, enhancing its competitive position in the market.

Target Company Overview

Axson Technologies is a globally recognized leader in high-performance resin formulation, specializing in three primary application areas: Tooling & Prototyping, Composites, and Electrical/Electronics. The company boasts a robust international presence with production facilities located in the USA, Mexico, France, Slovakia, China, and Japan. Through its extensive distribution network, Axson Technologies effectively produces and markets a wide array of innovative resin products to customers around the world.

Industry Overview in the Target’s Country

The resin formulation industry is integral to numerous sectors, including automotive, aerospace, and consumer electronics, particularly in countries such as the USA and France where Axson operates. In the USA, the demand for high-performance resins is expanding due to increasing innovation in manufacturing processes and a growing emphasis on lightweight materials that enhance product efficiency and sustainability.

In France, recognition of advanced materials in various applications is driving market growth. The resilience of the composite materials sector is attributed to growing trends toward lightweight and strong mater