Arkema Strengthens Bostik’s Brazilian Adhesives Business enterprise With the Acquisition of Poliplas

Regulatory Information:

Arkema (Paris:AKE):

Bostik reinforces its presence in the rapid-escalating Brazilian construction adhesives marketplace with the planned acquisition of Poliplas, a chief in hybrid-technological innovation sealants and adhesives. This undertaking is in line with Arkema’s qualified advancement approach in adhesives and in high-expansion areas.

Bostik, a world-wide chief in progressive adhesive solutions, current in Brazil by means of its Fortaleza manufacturer, announces the signature of an settlement to purchase Poliplas Ltda.

With rapid increasing sales, close to €10 million in 2020, and a plant in São José do Rio Preto, in the point out of São Paulo, Poliplas supplies its additional than 2,000 prospects with high high-quality sealing and bonding remedies in quite a few systems utilised in construction.

The corporation is the premier neighborhood player in speedy-expanding hybrid sealants and adhesives, a technological know-how with a vast vary of implementation qualities and a main technological innovation for Bostik globally.

Poliplas is a crucial participant in the Brazilian adhesives current market with a powerful presence in various distribution channels, focusing on building and industrial marketplaces that will finish Fortaleza’s supplying in the area. Equally brand names will as a result go on to produce higher overall performance methods to meet customers’ desires.

This bolt-on acquisition is in line with Bostik’s growth system in the building industry, reinforcing its worldwide leadership in hybrid sealants and adhesives, although also growing its existence in superior-expansion areas.

Making on its distinctive established of expertise in resources science, Arkema presents a portfolio of to start with-class systems to tackle ever-escalating demand for new and sustainable supplies. With the ambition to become in 2024 a pure participant in Specialty Supplies, the Group is structured into 3 complementary, resilient and remarkably innovative segments dedicated to Specialty Components -Adhesive answers, Advanced Materials, and Coating Options- accounting for some 80{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of Team revenue, and a properly-positioned and aggressive Intermediates phase. Arkema offers reducing-edge technological answers to fulfill the difficulties of, among the other factors, new energies, obtain to drinking water, recycling, urbanization and mobility, and fosters a lasting dialogue with all its stakeholders. The Group claimed sales of €8.7 billion in 2019, and operates in some 55 nations with 20,500 workforce worldwide. www.arkema.com

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Look at supply edition on businesswire.com: https://www.businesswire.com/information/home/20210209005845/en/