Arkema Acquires Arc Building Products in Ireland, Specialized in Construction Adhesives and Sealants
December 14 2023 - 2:00AM
Business Wire
With the planned acquisition of Arc Building Products, Arkema
will strengthen its position in Ireland’s growing construction
adhesives market with a broader range of solutions and a local
manufacturing footprint.
Regulatory News:
The Irish manufacturer Arc Building Products specializing in
tile adhesives, floor preparation systems, building chemicals and
sealing & bonding solutions, has built a solid position in the
Irish market, delivering first class system solutions with a strong
emphasis on customer service. It delivers around €15 million annual
sales, with a production facility in Arklow, Co. Wicklow,
Ireland.
Building on its strong position in Ireland for over 60 years,
Bostik is poised to leverage significant industrial and commercial
synergies through this planned acquisition. By integrating Arc’s
product range, Bostik will expand its portfolio of high value-added
solutions for the growing Irish construction market, driven by
increasing needs for sustainable housing and renovation. Bostik
will also invest significantly in the Arklow site to increase the
local production of its solutions.
“This deal is aligned with Bostik's commitment to deliver
consistently high-quality, sustainable products while fostering
strong customer intimacy.” says Vincent Legros, Executive Vice
President, Adhesive Solutions (Bostik).
This project is expected to close in the first quarter of
2024.
Building on its unique set of expertise in materials science,
Arkema (Paris:AKE) offers a portfolio of first-class technologies
to address ever-growing demand for new and sustainable materials.
With the ambition to become in 2024 a pure player in Specialty
Materials, the Group is structured into 3 complementary, resilient
and highly innovative segments dedicated to Specialty Materials -
Adhesive Solutions, Advanced Materials, and Coating Solutions -
accounting for some 91% of Group sales in 2022, and a
well-positioned and competitive Intermediates segment. Arkema
offers cutting-edge technological solutions to meet the challenges
of, among other things, new energies, access to water, recycling,
urbanization and mobility, and fosters a permanent dialogue with
all its stakeholders. The Group reported sales of around € 11.5
billion in 2022, and operates in some 55 countries with 21,100
employees worldwide.
Arkema 420 rue d’Estienne d’Orves – 92705 Colombes Cedex –
France – T +33 (0)1 49 00 80 80 French Société anonyme, registered
at the Trade and Companies Register of Nanterre under the number
445 074 685
arkema.com
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version on businesswire.com: https://www.businesswire.com/news/home/20231213123182/en/
Investor relations: Béatrice Zilm +33 (0)1 49 00 75 58
beatrice.zilm@arkema.com Peter Farren +33 (0)1 49 00 73 12
peter.farren@arkema.com Mathieu Briatta +33 (0)1 49 00 72 07
mathieu.briatta@arkema.com Alexis Noël +33 (0)1 49 00 74 37
alexis.noel@arkema.com
Media: Anne Plaisance +33 (0)6 81 87 48 77
anne.plaisance@arkema.com
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