Arkema recently announced that the company has acquired Arc Building Products, a specialist in construction adhesives and sealants. The acquisition will strengthen Arkema’s position in the construction adhesives market in Ireland, giving it a broader range of solutions and a local manufacturing footprint. The acquisition is expected to close in the first quarter of 2024.
The Irish manufacturer Arc Building Products, specializing in tile adhesives, floor preparation systems, building chemicals, and sealing and bonding solutions, has built a solid position in the Irish market. Arkema reports that Arc Building Products delivers first-class system solutions with a strong emphasis on customer service. It delivers around €15 million annual sales, with a production facility in Arklow, Co. Wicklow, Ireland.
Building on its strong position in Ireland for over 60 years, Bostik is poised to leverage significant industrial and commercial synergies through this planned acquisition. By integrating Arc’s product range, Bostik will expand its portfolio of solutions for the growing Irish construction market, driven by increasing needs for sustainable housing and renovation. Bostik will also invest significantly in the Arklow site to increase local production.
Vincent Legros, executive vice president of the Adhesive Solutions Segment (Bostik), commented, "This deal is aligned with Bostik's commitment to deliver consistently high-quality, sustainable products while fostering strong customer intimacy."
Learn more about Bostik at www.bostik.com. Additional information about Arkema is available at www.arkema.com. Read about Arc Building Products at arcbuildingproducts.ie.