Arkema finalises the acquisition of Ashland’s performance adhesives business
Arkema has finalised the acquisition of Ashland’s Performance Adhesives business. This operation is inteded to strengthen Arkema’s Adhesive Solutions segment, and aligns with the Group’s strategy to become a pure Specialty Materials player by 2024.
With its wide range of key technologies and well-known brands, Ashland Performance Adhesives is regarded a major player in pressure-sensitive adhesives, in particular in decorative, protection, and signage films for automotive and buildings. It also holds leading positions in structural adhesives, and offers an extensive range of adhesives for flexible packaging.
Six production plants
This activity, which employs approximately 330 people and operates six production plants, mainly in North America, generated estimated sales of around USD 360 million (ca. EUR 329 million) in 2021 and an EBITDA margin above 25%. It offers commercial, technological and geographic complementarities with Bostik, allowing it to expand its solutions offering.
