Le Lézard
Classified in: Business
Subjects: TNM, ACC

Bostik Completes Acquisition of XL Brands

PARIS, January 3, 2018 /PRNewswire/ --

Bostik completed the acquisition of XL Brands, among the leaders in floor covering adhesives in the United States, on 2 January.

     (Logo: http://mma.prnewswire.com/media/529564/Bostik_Logo.jpg )

     (Photo: http://mma.prnewswire.com/media/623973/XL_Brands_Facility.jpg )

With this acquisition, which complements the acquisition of CMP in May 2017, Arkema actively pursues the development of Bostik which should exceed one third of the Group's sales by 2023.

About Bostik, an Arkema company 

Bostik is a leading global adhesive specialist in construction, consumer and industrial markets. For more than a century, it has been developing innovative adhesive solutions that are smarter and more adaptive to the forces that shape daily lives. From cradle to grave, from home to office, Bostik's smart adhesives can be found everywhere. With annual sales of ?1.95 billion, the company employs 6,000 people and has a presence in more than 50 countries. For the latest information, visit http://www.bostik.com .

About Arkema

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 ?7.5 billion in 2016, we employ approximately 20,000 people worldwide and operate in close to 50 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. http://www.arkema.com

These press releases may also interest you

at 09:30
In a commitment to fostering greater collaboration among academia, the private sector and government in Saudi Arabia and the United States, the second Innovation to Impact Forum is being held at the Massachusetts Institute of Technology (MIT) today....

at 09:21
Miners are the heart of Bitcoin, and CoinGeek will work to protect the network from bad actors by taking a pre-emptive stance against dishonest practices like double-spending. To date, a double-spend has not happened on the Bitcoin Cash network and...

at 08:40
Collaboration on research and academic programs highlighted in the agreement   Two prominent academic institutions in Qatar and Turkey, Hamad Bin Khalifa University (HBKU) and Ibn Haldun University (IHU), signed a Memorandum of Understanding (MoU)...

at 08:00
Lowcarinsurancequotes.info has released a new blog post explaining the importance of documenting a car crash when claiming auto insurance benefits. In case of an accident, a driver should call his or her agency as soon as possible. The agent will...

at 06:00
On February 14th, an armed gunman shot and killed 17 people at Marjory Stoneman Douglas High School, in Parkland, Florida.   The March for Our Lives Montreal is part of an international movement to stand in solidarity with the young Americans....

at 05:00
SAN FRANCISCO, March 24, 2018 /PRNewswire-PRWeb/ -- Safe Harbor LLP, a San Francisco CPA firm focusing on tax issues for businesses and high net worth individuals, is proud to announce updates to its information pages on expatriate tax preparation...

News published on 3 january 2018 at 13:22 and distributed by: