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Arkema completes acquisition of Ashland's performance adhesives business

 Last Update: 2022-04-22
 Source: Internet
 Author: User

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Arkema has completed the acquisition of Ashland's high-performance adhesives business on February 28, a major step in Arkema's efforts to strengthen its adhesive solutions business

Ashland Ashland Performance Adhesives is a significant player in the pressure-sensitive adhesive space, especially in decorative, protective and signage films for automotive and construction

The high-performance adhesives business has approximately 330 employees, 6 production platforms, mainly in North America, and 2021 sales are expected to be approximately $360 million, with an EBITDA (before interest, tax, depreciation and amortization) margin in excess of 25%

The acquisition is based on an enterprise value of $1.

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