# Bostik acquires Afinitica to expand in instant engineering adhesives

Arkema's subsidiary Bostik acquired Afinitica, a Spanish company specializing in cyanoacrylate instant adhesives, to strengthen its position in electronics and medical equipment markets.

- Type: Acquisition
- Announced: 2018-10-31
- Where: Spain
- Status: completed
- Products: cyanoacrylate instant adhesives, engineering 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) (acquirer)
- [Arkema](https://endata.com/companies/7031.md) (partner)
- [Afinitica](https://endata.com/companies/35234.md) (target)

## Sources

- [arkema.com](https://www.arkema.com/global/en/media/newslist/news/global/corporate/2018/20181031-arkema-se-develop/), 2018-10-31: "This small targeted acquisition will enable Bostik to develop a solid position in adhesives used in markets with strong growth potential, including electronics and medical equipment."
- [en.prnasia.com](https://en.prnasia.com/releases/apac/bostik-expands-in-instant-engineering-adhesives-228737.shtml), 2018-11-09: "This small targeted acquisition will enable Bostik to develop a solid position in adhesives used in markets with strong growth potential, including electronics and medical equipment."
- [bostik.com](https://www.bostik.com/indonesia/en/newslist/news/construction/apac/indonesia/20181130-bostik-expands-in/), 2018-11-30: "Arkema is expanding in engineering adhesives with the announcement of the acquisition of Afinitica, a Spanish company specializing in instant adhesives, also known as cyanoacrylates."

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