Arkema finalized on 2 December 2024 the acquisition of Dow’s flexible packaging laminating adhesives business, enabling Arkema to significantly expand its portfolio of solutions for flexible packaging.

Arkema has finalized the acquisition of Dow’s flexible packaging laminating adhesives business.

This acquisition is based on an enterprise value of US$150 million and will trigger around US$50 million of implementation costs or capex over the next three years.

“This operation marks a step change for Bostik in the flexible packaging adhesives market and is a unique opportunity to position ourselves among the key partners for customers across the packaging industry,” said Thierry Le Hénaff, Chairman and Chief Executive Officer of Arkema.

This acquisition will enable Bostik to ideally complement its existing commercial presence, product offering and technological breadth for flexible packaging. It also expects to deliver a high level of cost and development synergies, which should represent around US$30 million in EBITDA after 5 years.

Read more on the acquisition: Arkema to acquire Dow’s flexible packaging laminating adhesive business

Arkema finalized on 2 December 2024 the acquisition of Dow’s flexible packaging laminating adhesives business, enabling Arkema to significantly expand its portfolio of solutions for flexible packaging.

Arkema has finalized the acquisition of Dow’s flexible packaging laminating adhesives business.

This acquisition is based on an enterprise value of US$150 million and will trigger around US$50 million of implementation costs or capex over the next three years.

“This operation marks a step change for Bostik in the flexible packaging adhesives market and is a unique opportunity to position ourselves among the key partners for customers across the packaging industry,” said Thierry Le Hénaff, Chairman and Chief Executive Officer of Arkema.

This acquisition will enable Bostik to ideally complement its existing commercial presence, product offering and technological breadth for flexible packaging. It also expects to deliver a high level of cost and development synergies, which should represent around US$30 million in EBITDA after 5 years.

Read more on the acquisition: Arkema to acquire Dow’s flexible packaging laminating adhesive business