Arkema Acquires Permoseal to Strengthen Adhesives Position in South Africa
July 1, 2022
Arkema completed the acquisition of Permoseal (owner of the Alcolin brand) on July 1, 2022, bringing a South African adhesives leader into its Bostik adhesive solutions offering. Permoseal generated €43 million in sales in 2021, operates two production plants in South Africa and will help Arkema/Bostik expand in South Africa and Sub‑Saharan Africa across construction, DIY and packaging markets.
- Buyers
- Arkema, Bostik
- Targets
- Permoseal (Alcolin)
- Industry
- Manufacturing
- Location
- Western Cape, South Africa
- Transaction Type
- Buyout
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