"I fully believe we can increase speed now because our current board is more willing to go for larger deals," Schuler told a conference call after the company reported better-than-expected half year profit.

Sika, whose products include adhesives for the construction and automobile industries, is currently in talks with "one or two" targets at present, Schuler said, and would look at deals in the 300 million to 500 million Swiss franc price range, he said.

(Reporting by John Revill, editing by John Miller)