- Arkema will strengthen its position in Ireland’s construction adhesives market.
- Arc Building Products delivers around €15 million annual sales.
- Bostik will invest significantly in the Arklow site.
- The project is expected to close in Q1 2024.
Acquisition Overview
Arkema plans to acquire Arc Building Products to enhance its presence in Ireland’s construction adhesives market. This acquisition will broaden Arkema's range of solutions and establish a local manufacturing footprint.
Arc Building Products
Arc Building Products, an Irish manufacturer, specializes in tile adhesives, floor preparation systems, building chemicals, and sealing & bonding solutions. The company has a strong market position in Ireland, generating around €15 million in annual sales, with a production facility in Arklow, Co. Wicklow.
Strategic Synergies
Bostik, part of Arkema, aims to leverage industrial and commercial synergies through this acquisition. By integrating Arc’s product range, Bostik will expand its portfolio of high value-added solutions for the growing Irish construction market, driven by increasing needs for sustainable housing and renovation.
Investment and Timeline
Bostik plans to invest significantly in the Arklow site to boost local production. The acquisition is expected to be finalized in the first quarter of 2024.
