Arkema Acquires Dow's Flexible Packaging Laminating Adhesives Business
December 2, 2024
Arkema finalized the acquisition on December 2, 2024 of Dow's flexible packaging laminating adhesives business for an enterprise value of US$150 million. The business (around US$250 million in annual sales, ~280 employees, five production sites across Italy, the United States and Mexico) will be integrated into Arkema's adhesive platform (Bostik) to expand its flexible packaging product offering and capture cost and development synergies.
- Buyers
- Arkema
- Targets
- Dow's flexible packaging laminating adhesives business
- Sellers
- Dow
- Industry
- Packaging
- Location
- Michigan, United States
- Transaction Type
- Divestiture
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