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Home > News > Corporate News

Arkema to acquire adhesives manufacturer for growing construction market in Ireland

Source:Adsale Plastics Network Date :2023-12-29 Editor :RC
Copyright: This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Arkema planned to acquire Arc Building Products, an Irish manufacturer specializing in tile adhesives, floor preparation systems, building chemicals and sealing & bonding solutions, to strengthen its position in Ireland’s growing construction adhesives market.

 

Arc Building Products delivers around EUR 15 million annual sales, with a product facility in Arklow, Co. Wicklow, Ireland.


Arc Building Products_product facility_480.jpg

Arc Building Products’ product facility in Arklow, Co. Wicklow, Ireland.

 

As Arkema’s subsidiary, Bostik is poised to leverage significant industrial and commercial synergies through this planned acquisition. By integrating Arc’s product range, Bostik will expand its portfolio of high value-added solutions for the growing Irish construction market, driven by increasing needs for sustainable housing and renovation.

 

It will also invest significantly in the Arklow site to increase the local production of its solutions.

 

“This deal is aligned with Bostik's commitment to deliver consistently high-quality, sustainable products while fostering strong customer intimacy,” said Vincent Legros, Executive Vice President of the adhesive solutions segment (Bostik).

 

This project is expected to close in the first quarter of 2024.


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 Rongsheng Petrochemical Co., Ltd.      

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