# Arkema finalizes acquisition of Permoseal in South Africa

Arkema finalized the acquisition of Permoseal, a leader in adhesive solutions for DIY, packaging and construction in South Africa. Permoseal generated sales of €43 million in 2021 and operates two production plants in the country.

- Type: Acquisition
- Announced: 2022-07-01
- Where: South Africa, South Africa
- Status: completed
- Products: adhesive solutions
- 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)
- [Polimeros Especiales](https://endata.com/companies/60202.md) (target)

## Sources

- [arkema.com](https://www.arkema.com/global/en/media/newslist/news/global/investorrelations/2022/20220701-arkema-finalizes-acquisition-permoseal/), 2022-07-01: "By strengthening our presence in South Africa in the high growth construction and DIY markets, this operation marks another step in Bostik’s growth ambition."
- [bostik.com](https://www.bostik.com/global/en/newslist/news/global/bostik-global-news-permoseal-05072022/), 2022-07-05: "By strengthening our presence in South Africa on the high growth Construction and DIY markets, this operation marks another step in Bostik's growth ambition."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=18), 2022-08-12: "Arkema finalized the acquisition of Polimeros Especiales, strengthening the group’s offering in solvent-free solutions and its position in this fast-growing region."

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