We are incredibly proud and happy to announce that the acquisition of Permoseal by Arkema was finalized on 1 July 2022! The Arkema group was created in October 2004, following the reorganization of Total’s Chemicals branch.
Thanks to innovation, targeted acquisitions and investments in emerging countries, Arkema has become a recognized world player in the field of specialty chemicals. In February 2015, Arkema acquired Bostik, the world’s number 3 in specialty adhesives.
Permoseal is a leader in adhesive solutions for DIY, packaging, and construction with a strong presence in South Africa. Its well-known brands, Bostik & Alcolin and expansive range of high-performance adhesive solutions, will complement Bostik’s offering in the region, strengthening our position in this market.
“We are very happy to welcome Permoseal teams within Arkema. By strengthening our presence in South Africa on the high-growth Construction and DIY markets, this operation marks another step in Bostik’s growth ambition. It is also fully aligned with the Group’s strategy to become a pure Specialty Materials player by 2024” comments Vincent LEGROS, Bostik CEO.
Congrats to all the teams involved!