# Arkema completes sale of Functional Polyolefins business to SK Global Chemical

Arkema has completed the sale of its Functional Polyolefins business to SK Global Chemical. The business had sales of about €250 million/year and 130 employees.

- Type: Acquisition
- Announced: 2020-06-10
- Where: Germany
- Value: $62.8M (55.0M EUR)
- Jobs: 180
- Status: completed
- Products: ethylene copolymers and terpolymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Bostik](https://endata.com/companies/7030.md)
- [Arkema](https://endata.com/companies/7031.md)
- [Bostik](https://endata.com/companies/7030.md) (acquirer)
- [Bostik](https://endata.com/companies/7030.md) (partner)
- [Arkema](https://endata.com/companies/7031.md) (acquirer)
- [SK Global Chemical Co.](https://endata.com/companies/21935.md) (acquirer)
- [Fixatti](https://endata.com/companies/48677.md) (target)

## Sources

- [specchemonline.com](https://www.specchemonline.com/arkema-continues-speciality-focus), 2020-06-10: "Arkema has complete the sale of its Functional Polyolefins business to SK Global Chemical as previously announced."
- [bostik.com](https://www.bostik.com/global/en/newslist/news/global/20200720-arkema-reinforces/), 2020-07-20: "Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders."
- [arkema.com](https://www.arkema.com/global/en/media/newslist/news/global/corporate/2020/20200720-arkema-annonce-le/), 2020-07-20: "This acquisition will enable Bostik to strengthen its global offering of hotmelt adhesive solutions for niche industrial applications in the construction, technical coating, battery, automotive, and textile printing markets."
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/Arkema-buy-adhesive-powders-firm/98/i29), 2020-07-25: "Specialty chemical maker Arkema is acquiring the thermobonding adhesives firm Fixatti for an undisclosed sum."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=30), 2020-08-10: "Arkema recently announced its proposed acquisition of Fixatti, a company that produces high-performance thermobonding adhesive powders."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=32), 2020-09-02: "Arkema recently announced its proposed acquisition of Fixatti, a company that produces high-performance thermobonding adhesive powders."

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