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Arkema completes acquisition of South Africa's Permoseal

 Last Update: 2022-08-17
 Source: Internet
 Author: User

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On July 1, 2022, Arkema completed the acquisition of South Africa's Permoseal, a leader in adhesive solutions for DIY, packaging and constructi.

Arkema

Permoseal has a strong presence in the South African retail channel, with sales of EUR 43 million in 202 It has two production plants in South Afri.

The complementarity of the product portfolio will allow Bostik to expand its customer offerings in the South African construction market and to expand its business in the region benefiting from strong demand in the building renovation mark.

VINCENT LEGROS, CEO of Bostik, said: "We are very pleased to welcome the Permoseal team to Arke.

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