Arkema Expands Bostik’s Business in the US with the Acquisition of Edge Adhesives Texas
COLOMBES, France–(BUSINESS WIRE)–Regulatory News:
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 (Paris:AKE) strategy of bolt-on acquisitions to develop greater breadth in adhesives and deliver new products to meet expanding demand.
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…