# Bostik to acquire XL Brands for $205 million

Bostik, a subsidiary of Arkema, announced the proposed acquisition of XL Brands, a leader in floor covering adhesives in the United States, for an enterprise value of $205 million. The acquisition is expected to close by end of 2017.

- Type: Acquisition
- Announced: 2017-11-06
- Where: Dalton, Georgia, USA, United States
- Value: $205.0M
- Status: announced
- Products: floor covering adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Bostik](https://endata.com/companies/7030.md) (acquirer)
- [Arkema](https://endata.com/companies/7031.md) (partner)
- [Textile Rubber & Chemical Company](https://endata.com/companies/25328.md) (partner)
- [XL Brands](https://endata.com/companies/27873.md) (target)

## Sources

- [arkema.com](https://www.arkema.com/global/en/media/newslist/news/global/corporate/2017/20171106-Bostik-acquiert-X/), 2017-11-06: "This bolt-on acquisition, which complements the acquisition of CMP last May, will help Bostik become one of the leaders in floor covering adhesives in the United States."
- [prnewswire.com](https://www.prnewswire.com/news-releases/bostik-acquires-xl-brands-in-flooring-adhesives-in-the-united-states-655530083.html), 2017-11-06: "This bolt-on acquisition, which complements the acquisition of CMP last May, will help Bostik become one of the leaders in floor covering adhesives in the United States."
- [floordaily.net](https://www.floordaily.net/flooring-news/bostik-to-acquire-xl-brands/), 2017-11-07: "This bolt-on acquisition, which complements the acquisition of CMP last May, will help Bostik become one of the leaders in floorcovering adhesives in the United States."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.