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Arkema announced the proposed acquisition of Permoseal, a South African leader in adhesive solutions for woodworking, packaging, construction and DIY, with sales estimated at €44 million in 2021. The acquisition is subject to antitrust approval and expected to finalize in Q2 2022.
“This bolt-on acquisition is in line with the strategy to grow the Group's Adhesive Solutions segment and offers many development synergies.”bostik.com
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