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 06:33
Newmark Knight Frank Devencore today announced that the overall availability rate for industrial space in the Greater Montreal Area (GMA) was at 6.1% at the end of 2017. Estimated net asking rents have remained unchanged over the past twelve months,...

at 06:30
Walker & Dunlop, Inc. announced today that it finished 2017 as the largest Fannie Mae DUS® Lender by volume of multifamily loans originated.  Walker & Dunlop moved up in the 2017 rankings from second place last year.  Fannie Mae provided $66.1...

at 06:30
TOTAL REVENUE OF $3.7 BILLION, DECREASED 2% Includes $320 million negative impact related to U.S. tax legislation and other charges (a); which decreased total revenue growth by 8% Investment management and performance fees increased 13% Investment...

at 06:30
Earnings Per Share Cash Efficiency(a) Return on TangibleCommon Equity(a) Reported $.17 66.7% 6.4% Adjusted (Non-GAAP)(b) $.36 61.3% 13.6%      (a) Non-GAAP measure; see financial supplement for reconciliation...

at 06:30
Insteel Industries, Inc. today announced financial results for its first quarter ended December 30, 2017. First Quarter 2018 Results Net earnings for the first quarter of fiscal 2018 increased to $8.1 million, or...

at 06:30
On January 15, 2018 Invesque announced a cash dividend to be paid to the shareholders of record as of January 1, 2018. The announcement should reflect a cash dividend payable to the shareholders of record as of January 31, 2018. About...

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