Industry News, Mergers and Acquisitions

Arkema Proposes Acquisition of Bostik

Offer made on basis of €1.74 billion enterprise value

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By: Catherine Diamon

Director, Executive Internal Communications, GAF

Arkema has proposed an acquisition of Bostik, a worldwide provider of adhesives. An offer was made on the basis of €1.74 billion enterprise value, 11 times EBITDA.  This acquisition would allow Arkema to strengthen its position in the specialty chemicals market and to continue developing its High Performance Materials segment, which would account for 42% of total sales following the acquisition of Bostik. 
Since 2006, Arkema has carried out an in-depth transformation of its business portfolio w...

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