Up

Arkema expands Bostik’s business in the US with the acquisition of Edge Adhesives Texas

- Press release
Corporate - Finance - Products
Bostik expands its offerings in high performance adhesives in the United States with the planned acquisition of Edge Adhesives Texas, a complementary asset in hot-melt adhesives and pressure sensitive adhesive tapes for residential construction. This project is in line with Arkema’s strategy of bolt-on acquisitions to develop greater breadth in adhesives and deliver new products to meet expanding demand.
Additives for architectural coatings

Edge Adhesives Texas is a leading developer and manufacturer of innovative adhesive solutions used in residential buildings with annual sales of around US$12 million.

 

The company, which operates a plant in Fort Worth, Texas (US) and has approximately 50 employees, specializes in custom formulations in fast-growing easy-install window, door and roofing applications.

In addition to delivering strong technological, industrial and commercial synergies, the project will enable Bostik to offer its customers an extended range of value-added and sustainable solutions in hot-melt pressure sensitive adhesives.

 

This bolt-on acquisition is in line with Bostik’s growth strategy in high value-added adhesives and expands its presence in North America.

 

The deal is expected to close in second-quarter 2021.

Contacts

Béatrice ZILM
Investor relations
Caroline CHUNG
Investor relations
Peter FARREN
Investor relations
Mathieu BRIATTA
Investor relations
Gilles GALINIER
VP Communication
Arkema
Véronique OBRECHT
Corporate Press relations
Arkema