Arkema finalizes acquisition of Ashland's performance adhesives business
Arkema finalized the acquisition of Ashland's Performance Adhesives business on 28 February 2022 for an enterprise value of US$1,650 million. The business employs about 330 people and operates 6 production plants, mainly in North America.
Productsperformance adhesivespressure-sensitive adhesivesstructural adhesivesadhesives for flexible packaging
“This operation marks a major step in Arkema’s strengthening of its Adhesive Solutions segment, and fully aligns with the Group’s strategy to become a pure Specialty Materials player by 2024.”arkema.com
- 4 sources
- arkema.comArkema finalizes Ashland’s acquisition | Arkema GlobalThierry Le Hénaff, Arkema’s Chairman, Chief Executive OfficerFeb 28, 2022
- businesswire.comArkema Finalizes the Acquisition of Ashland’s Performance Adhesives BusinessInvestor relationsFeb 28, 2022
- bostik.comOur parent company Arkema finalizes the acquisition of Ashland’s performance adhesives business | Bostik Global | Bostik GlobalMar 1, 2022
- adhesivesmag.comAcquisitions - Articles - Page 13 | Adhesives & Sealants IndustrySusan SuttonMar 25, 2022
Summarized from public sources; check the original articles before acting on it.