10.02.2015 • NewsDede WillamsArkemaBostik

Arkema Completes Bostik Acquisition

Arkema has completed its acquisition of adhesives producer Bostik for an undisclosed sum.

The US company with annual sales of just over €1.5 billion and nearly 5,000 employees claims to be world's number three adhesives producer.

Arkema financed the takeover with a bond issue worth €700 million.

With the deal, the French chemical producer, once part of oil and petrochemicals group Total, said it has reached "a new milestone" in its development. Bostik's growth prospects and the synergies with its own portfolio are expected to help reinforce Arkema's position in specialty chemicals and further develop its High Performance Materials Segment.

Whitepaper

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)
Setting the Standard

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)

Are you ready to elevate your pharmaceutical operations? Download our exclusive whitepaper and discover how compliance with Good Distribution Practice (GDP) is essential for the safety and integrity of pharmaceuticals.

Free Virtual Event

Sustainability in Bioprocessing
Bioprocess Forum

Sustainability in Bioprocessing

Join us to explore hot topics in sustainable bioprocessing like the industrial potential of enzymatic synthesis, innovative biocatalysis techniques, and the use of digital twins in bioprocessing.