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