Arkema Acquires Edge Adhesives Texas, Expands Bostik’s Business in the USMay 20th, 2021 by Editor
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 strategy of bolt-on acquisitions to develop greater breadth in adhesives.
Edge Adhesives Texas is a developer and manufacturer of adhesive solutions used in residential buildings with annual sales of around US $12 million. The company, which operates a plant in Fort Worth, Texas, and has approximately 50 employees, specializes in custom formulations in easy-install window, door and roofing applications.
The acquisition will enable Bostik to offer its customers an extended range of value-added and sustainable solutions in hot-melt pressure sensitive adhesives, the company says.
The deal is expected to close in second-quarter 2021.