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Bostik to Acquire Prochimir July 29 2019

2019 Lucintel Composites Market Insights, July 29, 2019

Arkema declares a project for Bostik to acquire Prochimir, a company specializing in high performance thermobonding adhesive films. This acquisition would enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile and medical markets. It would position Bostik among world leading players in thermobonding films, and is part of Bostik’s strategy to expand through acquisitions targeting leading technologies in a market that remains fragmented.

Closing of the deal is expected in fourth quarter 2019, subject to consultation of trade unions and approval by the antitrust authorities in the relevant countries.