Arkema acquired Fixatti Fisetti to strengthen its high-performance hot adhesive business.

Akoma has announced the acquisition of high-performance hot adhesive powder company Fixatti Fisettiacquisition will strengthen the global supply of Akoma's Bose hot melt solutions to meet the needs of niche industrial applications in the construction, technical coatings, batteries, automotive and textile printing marketsthe project is part of the growth strategy of Poscogel's high value-added technology objectives and is fully in line with the Arkema Group's ambitious goal of becoming a manufacturer of pure specialty materials focused on adhesive solutions, advanced materials and coating solutions by 2024as an internationally renowned company, Fixatti Fissetti has two production sites in Europe and one in China;develops and markets a wide range of high-performance, environmentally friendly hot bonding powders with grinding, polymerization and synthesis capabilitiestherefore, the company offers solutions to solve many bonding problems in the construction, technical coatings, batteries, automotive and textile printing sectorsFixatti Fissetti's copolyester and copolyamide polymerization expertise and technical capabilities also have a strong synergy with a highly specialized area of Poscofollowing the acquisition of the film manufacturer Prochimir last year, this acquisition of superior geographic and technical complementarities will help Bose gels become a global leader in innovative and high value-added thermal bonding solutionsacquisition is fully in line with the Group's strategy to complement organic growth in its adhesive solutions business unit through high-quality replenishment acquisitionsthe acquisition will also help the Group achieve its ambitious target of increasing its EBITDA margin by 16% by 2024, driven by significant synergiesacquisition is subject to approval by the relevant national antitrust authorities and is expected to be completed in the fourth quarter of 2020.