COLOMBES, France — Arkema is expanding Bostik's 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 strategy of bolt-on acquisitions to develop greater reach in adhesives and deliver new products to meet expanding demand. The deal is expected to close in the second quarter of 2021.
Edge Adhesives Texas is a developer and manufacturer of innovative adhesive solutions used in residential buildings. It has annual sales of around $12 million. The company, which operates a plant in Fort Worth, Texas, and has approximately 50 employees and specializes in custom formulations in fast-growing easy-install window, door and roofing applications.
In addition to delivering strong technological, industrial and commercial synergies, the project will enable Bostik to offer its customers an extended range of value-added and sustainable solutions in hot-melt pressure sensitive adhesives.
Learn more at www.arkema.com.