With the acquisition of Arc Building Products, Arkema will strengthen its position in the growing construction adhesives market, offering a broader range of solutions and a local manufacturing footprint.
Arc Building Products specializes in tile adhesives, floor preparation systems, building chemicals, and sealing and bonding solutions, delivering first-class system solutions with a strong emphasis on customer service. It delivers around €15 million in annual sales, with a production facility in Arklow, Co. Wicklow, Ireland.
Building on its strong position in Ireland for over 60 years, Bostik (the Adhesive Solutions segment of the Arkema group) will significantly expand its portfolio of high-value-added solutions for the growing 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 VP of Adhesive Solutions (Bostik).
This project is expected to close in the first quarter of 2024.