Leeds-based Everbuild has annual sales revenue of £60m and 270 employees.
Everbuild will now operate as a subsidiary of Sika UK and will be managed under the existing management team. Its founder, David Seymour will stay with the company.
Mr Seymour said: “With Sika we have the possibility to further grow our business and to benefit from the broad R&D capabilities for further product innovation.”
Sika CEO Jan Jenisch said: “The acquisition will give us a strong position in the UK distribution market and offers considerable potential to further leverage Everbuild’s sales channels with Sika’s product range.”