Arkema announced plans to acquire Polimeros Especiales, a waterborne acrylic resins provider in Mexico. According to Arkema, the acquisition will strengthen the company’s position in this fast-growing region.
Polimeros Especiales is a privately owned Mexican company producing high-performance waterborne resins for a broad range of applications, including architectural and decorative paints, textiles, pressure-sensitive adhesives, and construction. The company has become a key manufacturer of emulsions in the region, achieving sales of around $40 million in 2021 and employing 230 people.
The planned acquisition is in line with Arkema’s strategy to expand its Coating Solutions segment in growing markets and with low-VOC solutions. Waterborne is one of Arkema’s key solvent-free technologies, together with powder, UV/LED/EB, and high-solid systems.
According to Manuel Garcia, general manager of Arkema in Mexico, “Thanks to Polimeros Especiales, Arkema will develop new positions in the Mexican market, which is experiencing robust growth. The acquisition will ensure continuous strong support to our customers and will enable Arkema to broaden its product offering locally.”
The acquisition, which is subject to approval by antitrust authorities, is expected to be finalized in the third quarter of 2022.
Learn more at www.arkema.com/global/en/.