Bostik (Arkema) Acquires Edge Adhesives Texas
May 17, 2021
Bostik, the adhesives arm of Arkema, will acquire Edge Adhesives Texas, a Fort Worth-based developer and manufacturer of hot-melt adhesives and pressure-sensitive tapes, in a bolt-on transaction to expand Bostik’s US residential construction offering. Edge Adhesives Texas generates ~US$12 million in annual sales and has approximately 50 employees; the deal was announced in May 2021 and was expected to close in Q2 2021.
- Buyers
- Bostik, Arkema
- Targets
- Edge Adhesives Texas
- Industry
- Building Products
- Location
- Texas, United States
- Transaction Type
- Addon
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