Adhesive & Sealant Manufacturer Acquires Arc Building Products in Ireland
Bostik reports that its parent company, Arkema, has acquired Irish manufacturer Arc Building Products. Arc specializes in tile adhesives, floor preparation systems, building chemicals and sealing & bonding solutions. Arc delivers around €15 million annual sales, with a production facility in Arklow, Co. Wicklow, Ireland.
The company reports that building on its strong position in Ireland for over 60 years, they are poised to leverage significant industrial and commercial synergies through this planned acquisition. By integrating Arc’s product range, Bostik will expand its portfolio of high value-added 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 the local production of its solutions.
“This deal is aligned with Bostik’s commitment to deliver consistently high-quality, sustainable products while fostering strong customer intimacy.” reports Vincent Legros, Executive VP of Adhesive Solutions, Bostik.