# Arkema finalizes acquisition of Ashland's performance adhesives business

Arkema, through its subsidiary Bostik, finalized the acquisition of Ashland's performance adhesives business for $1.65 billion, strengthening its presence in the US and specialty materials portfolio.

- Type: Acquisition
- Announced: 2022-05-23
- Where: United States
- Value: $1.65B
- Status: completed
- Products: pressure-sensitive adhesives, structural adhesives, flexible packaging 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)
- [Ashland](https://endata.com/companies/20300.md) (target)

## Sources

- [batinfo.com](https://batinfo.com/en/actuality/arkema-finalizes-the-purchase-of-adhesives-from-the-american-ashland_20498), 2022-05-23: "The French chemical group Arkema has announced that it has finalized the acquisition of the 'performance adhesives' activities of the American group Ashland, announced for 1,65 billion dollars."

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