Dow to sell flexible packaging laminating adhesives business to Arkema for $150M

Dow signed an agreement to sell its flexible packaging laminating adhesives business to Arkema, covering five manufacturing sites in Italy, the United States and Mexico. The transaction value is $150 million, and closing is expected by the end of 2024 subject to regulatory approval.

“The transaction value is $150 million or approximately 10 times forecasted 2024 EBITDA.”corporate.dow.com

• 2 sources
• corporate.dow.comDow Advances Strategy by Selling Flexible Packaging LaminatesMay 2, 2024
• arkema.comArkema acquires Dow’s flexible packaging laminating adhesives business | Arkema GlobalMay 2, 2024

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