Bolt-on acquisitions
Our acquisitions policy aims to focus on specialty chemicals: high tech companies or sectors producing high value-added materials, designed to provide custom-made solutions for our clients. Acquisition of these specialty activities enhances the technical know-how of the Group.
With the investment in the JV Sunke (in partnership with Jurong Chemical, leader of acrylic acid in China) in 2014 and its acquisition in 2019, the acquisitions of Bostik in 2015, Den Braven in 2016 and CMP in 2017, the Group has achieved an ambitious acquisition program of companies with high potential.
In 10 years, Arkema has acquired revenues of nearly 4 billion euros.
Over the coming years, Arkema will pursue its growth strategy based on bolt-on acquisitions by strongly focusing on specialties. They already represent 82% of its sales in 2020.
Arkema aims in particular to participate in the consolidation of the attractive, still-fragmented adhesives market, and will invest significantly in advanced materials (High-performance polymers and Performance ddditives).
The acquisitions
that have changed the face of Arkema
Arkema's acquisitions are focused on three areas:
- Boosting acrylics integration
- Accelerating technology
- Refocusing on specialty chemicals
Coatex
Acrylic additives, thickeners and dispersants for paper, paint and cement.
€ 150 M sales
Boosting acrylics integration
Repsol PMMA business
PMMA sheet and block.
€ 30 M sales
Refocusing on specialty chemicals
Odor-Tech
Gas odorizers.
$ 8 M sales
Refocusing on specialty chemicals
Dow chemical assets
Acrylic acid and esters, latex emulsions for paint.
$ 450 M sales
Boosting acrylics integration
Oxford performance materials
Polyether ketone ketone (PEKK), boasting exceptional strength.
$ 2 M sales
Accelerating technology
Piezotech
Electroactive fluorinated polymers for tomorrow’s electronics.
Start-up
acquisition
Accelerating technology
Sartomer Cray Valley
Coating resins and photocure resins for industry.
€ 850 M sales
Boosting acrylics integration
Seppic assets
Alcoxylates, industrial surfactants (CECA).
€ 47 M sales
Refocusing on specialty chemicals
Casda biomaterials + Hipro polymers
Sebacic acid and biosourced specialty polyamides in China.
$ 230 M sales
Refocusing on specialty chemicals
AEC Polymers
Industrial acrylic adhesives for the assembly of composite materials.
€ 3.5 M sales
Accelerating technology
Sunke
Acrylic monomer production capacities in Asia. Acquisition of Jurong Chemical’s stake in 2019.
$ 240 M investment
Boosting acrylics integration
Bostik
N°3 worldwide in glues and adhesives.
$ 1.5 B sales
Refocusing on specialty chemicals
Den Braven
A leader in sealants for insulation and construction in Europe.
€ 350 M sales
Refocusing on specialty chemicals
XL Brands
Floor covering adhesives in United States.
$ 205 M investment
Refocusing on specialty chemicals
CMP Specialty Products
Flooring and floor preparation solutions in the United States.
$ 15 M sales
Refocusing on specialty chemicals
Industrial adhesives of Nitta-Gelatin Inc.
Nonwoven activities for hygiene applications and in the packaging and labelling industrial markets in Japan.
$ 30 M sales
Refocusing on specialty chemicals
ArrMaz
Global leader in specialty surfactants for crop nutrition, mining and infrastructure markets.
$ 290 M sales
Refocusing on specialty chemicals
Lambson
Specialized in photoinitiators for curing, for markets such as electronics, 3D printing, digital ink, composites and high performance coatings.
€ 45 M sales
Boosting acrylics integration
Prochimir
High performance thermobonding adhesive films for industrial applications in the automotive, construction, textile and medical markets.
€ 30 M sales
Refocusing on specialty chemicals
Lip
Tile adhesives, waterproofing systems and floor preparation solutions in Denmark.
€ 30 M sales
Refocusing on specialty chemicals
Colorado Photopolymer Solutions
Specialist in photopolymers resins for 3D printing for the medical, composites, construction and consumer goods sectors.
Start-up
acquisition
Accelerating technology
Adaptive3D
Producer of photopolymer resins to enable additive manufacturing of tough and tear-resistant resistant rubbers for consumer goods, healthcare, industrial, transportation and oil and gas markets.
Equity stake
in the capital
Accelerating technology
Continuous Composites
Specialist in 3D printing of carbon fiber composite parts for the aeronautics, automotive and energy sectors.
Equity stake
in the capital
Accelerating technology
Ideal Work
Specialist in high-added value decorative flooring technologies for the construction market.
€ 10 M sales
Refocusing on specialty chemicals
Fixatti
Producer of high-performance thermobonding adhesive powders for the construction, technical coating, battery, automotive, and textile printing sectors.
€ 55 M sales
Refocusing on specialty chemicals
Ashland Performance Adhesives
US producer of pressure-sensitive adhesives for decorative, protection, and signage films for automotive and buildings, structural adhesives for construction and adhesives for flexible packaging.
$ 360 M sales
Refocusing on specialty chemicals
Verkor
French start-up specialized in the production of high performance batteries.
Equity stake
in the capital
Accelerating technology
ERPRO 3D FACTORY
Specialist in large-series additive manufacturing mostly made with 100% bio-based Polyamide 11 powder.
Equity stake
in the capital
Accelerating technology
Agiplast
A leader in recycling high performance polymers, in particular specialty polyamides and fluoropolymers and Arkema’s historical partner.
€ 15 M sales
Refocusing on specialty chemicals
Edge Adhesives Texas
A leading manufacturer of innovative adhesive solutions used in residential buildings, with hot-melt adhesives, pressure sensitive adhesive tapes and custom formulations for easy-install window, door and roofing.
$ 12 M sales
Refocusing on specialty chemicals
Poliplas
Leader in hybrid-technology sealants and adhesives in Brazil.
€ 10 M sales
Refocusing on specialty chemicals
Crackless Monomer Company
Joint venture between Bostik and Taiwanese company Cartell Chemical Co, in order to produce specialty cyanoacrylate monomers on an industrial scale for electronics, medical equipment and DIY markets.
