ARKEMA
ARKEMA
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Type: Stocks
Ticker: AKE
ISIN: FR0010313833

Arkema Completes the Acquisitions of Prochimir and Lambson

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Regulatory News:

On October 1, 2019, Arkema (Paris:AKE) completed the acquisitions of Prochimir, manufacturer of high-performance adhesive films, and Lambson, specialized in photoinitiators for photocure resins.

With sales of around €30 million, Prochimir completes Bostik’s range of technologies in industrial adhesives.

Lambson, with sales of approximately €45 million, enables Sartomer to offer its customers in the electronics, 3D printing, composites, inks and coatings markets, a larger and perfectly complementary range.

These two acquisitions will contribute to further strengthening the share of specialties in the Group’s portfolio, in line with its long-term ambition to achieve more than 80 % of sales in these businesses.

A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €8.8 billion in 2018, we employ approximately 20,000 people worldwide and operate in close to 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. www.arkema.com

Arkema
420, rue d’Estienne d’Orves – F-92705 Colombes Cedex – France
Tel.: +33 1 49 00 80 80 – Fax: +33 1 49 00 83 96
A French société anonyme (limited company) with share capital of 754,701,730 – Registered in Nanterre: RCS 445 074 685
arkema.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20191001005978/en/

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