Arkema completes acquisition Bostik

Arkema completes acquisition of Bostik

12:02 PM, 3rd February 2015
Arkema completes acquisition of Bostik

COLOMBES, FRANCE: Arkema finalized the acquisition of Bostik, the world’s no. 3 in adhesives. With this acquisition, the Group reaches a new milestone in its development, and confirms its ambition to become a world leader in specialty chemicals and advanced materials. Bostik’s growth prospects and the complementarities identified between the two groups will sustain the success of this high value creating project.

With the acquisition of Bostik, Arkema fulfils a project that is perfectly aligned with its strategy to reinforce its position in specialty chemicals and further develop its High Performance Materials segment. Bostik, which will constitute a new business unit of this segment, holds leadership positions in most of its markets, has internationally recognized brands and technologies, and achieves around €1.5 billion sales with 4,900 employees in over 40 countries.

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