COLOMBES, France--(BUSINESS WIRE)--Regulatory News:
Bostik completed the acquisition of LIP Bygningsartikler AS (LIP), the Danish leader in tile adhesives, waterproofing systems and floor preparation solutions, on 3 January 2020.
This acquisition, like the Prochimir acquisition finalized in October 2019, is in line with Arkema’s strategy to continuously grow its Adhesives business through bolt-on acquisitions which complement Bostik’s geographic presence, product ranges and technologies.
A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €8.8 billion in 2018, we employ approximately 20,000 people worldwide and operate in close to 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. www.arkema.com