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Arkema, a Danish manufacturer of construction chemicals
, has announced that its Bostik, a Danish manufacturer of tile adhesives, waterproofing systems and flooring, will acquire LIP Bygngsartikler AS (LIP),
a Danish manufacturer of tile adhesives, waterproofing systems and flooring production solutions.
LIP develops, produces and sells solutions for the production of tile adhesives, waterproofing systems and flooring with annual sales of around 30 million euros
.
The company has a first-class production base
in Denmark.