BOSTIK OWNER’S LATEST BUY ADDS TO HIGH PERFORMANCE AIMS

By NZHJ January 26, 2017 Industry news

Bostik owner Arkema has now also acquired complementary Dutch-based multinational Den Braven.

Now two years since Arkema bought the Bostik smart adhesives operation, it has now also acquired Dutch-based multinational Den Braven (see photo), a leader in high performance sealants for insulation and construction in Europe.

“With this strong value-creating acquisition, Arkema confirms its long-term ambition for Bostik, and actively pursues the development of its High Performance Materials division,” says the company.

With annual sales of some €350 million, Den Braven makes construction sealing, bonding and foam solutions, and, says Arkema, “significantly reinforces [Bostik’s] offering in the insulation and construction markets” towards “creating a global market leader in high performance sealants”.

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