Thomas Hasler
Grew Sika into the global leader in specialty construction chemicals through the $5.5 billion MBCC acquisition, serving every phase of construction from foundation waterproofing to roof sealing.
Thomas Hasler serves as CEO of Sika, the Swiss-headquartered global leader in specialty chemicals for construction and industrial applications. Sika's product portfolio covers virtually every chemical need in construction: concrete admixtures (chemicals that improve concrete workability, strength, and durability), waterproofing membranes, structural adhesives and sealants, roofing and flooring systems, and refurbishment products. The company serves both new construction and renovation/repair markets. Sika's transformational acquisition of MBCC Group (formerly BASF's construction chemicals division) for $5.5 billion in 2023 made Sika the undisputed global leader in construction chemicals, approximately doubling its market share in concrete admixtures. The combined company has unmatched global reach, R&D capabilities, and product breadth. Sika has a long history of consistent organic growth supplemented by bolt-on acquisitions. The company benefits from several structural trends: urbanization (more buildings = more construction chemicals), aging infrastructure requiring renovation and repair, sustainability requirements (Sika products improve building energy efficiency and extend structure lifespans), and the growing complexity of construction projects requiring more sophisticated chemical solutions. Key stock drivers include global construction activity, renovation and infrastructure spending, MBCC integration synergies, organic growth rates, raw material costs, and the cyclical dynamics of construction markets across regions.
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