# Arkema to acquire Permoseal in South Africa

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.

- Type: Acquisition
- Announced: 2021-12-16
- Where: South Africa, South Africa
- Status: announced
- Products: adhesive solutions, woodworking adhesives, packaging adhesives, construction adhesives, DIY adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Bostik](https://endata.com/companies/7030.md) (partner)
- [Arkema](https://endata.com/companies/7031.md) (acquirer)
- [Permoseal](https://endata.com/companies/59748.md) (target)

## Sources

- [bostik.com](https://www.bostik.com/global/en/newslist/news/global/news-the-acquisition-of-permoseal/), 2021-12-16: "This bolt-on acquisition is in line with the strategy to grow the Group's Adhesive Solutions segment and offers many development synergies."
- [nasdaq.com](https://www.nasdaq.com/press-release/arkema-strengthens-its-positions-in-adhesives-in-south-africa-with-the-acquisition-of), 2021-12-16: "This bolt-on acquisition is in line with the strategy to grow the Group’s Adhesive Solutions segment and offers many development synergies."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/arkema-strengthens-its-positions-in-adhesives-in-south-africa/), 2022-01-10: "Arkema has announced the proposed acquisition of Permoseal in South Africa, one of the leaders in adhesive solutions for woodworking, packaging, construction and DIY."

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