Arkema recently announced the acquisition of Polytec PT, which will strengthen Bostik’s (part of the Arkema group) product offerings to serve the fast-growing batteries and electronics markets. This bolt-on acquisition is part of Arkema’s strategy to become a full system provider, and to support its customers to develop sustainable solutions in the batteries and electronics markets.
Germany-based Polytec PT develops thermal interface materials for batteries and engineering adhesives for the electronics market. With one main production site in Karlsbad, Germany, Polytec PT delivers around €15 million sales. The company has expertise in thermal interface materials, which are key to enable fast charging and efficient dissipation of heat. It has built a solid position in this market, and the acquisition will complement Bostik’s product range in engineering adhesives.
According to Arkema, this acquisition is a unique opportunity for Bostik’s and Polytec PT's teams, who are already collaborating on new solutions. It will allow them to accelerate these developments and become a significant player in the thermal interface materials and electronics markets.
“We look forward to welcoming Polytec PT’s teams and to support them in their ambitious roadmap. We are convinced that the combination of Arkema’s expertise in batteries, its global adhesives footprint and Polytec PT’s technologies will enable us to become a recognized partner for our customers in batteries and electronics”, said Vincent Legros, executive vice president, Adhesive Solutions (Bostik).
To learn more, visit www.arkema.com, www.bostik.com, and www.polytec-pt.com.