- Polytec PT delivers around €15 million sales with one main production site in Karlsbad, Germany.
- The project aims for Bostik to reach a turnover of around €50 million after 5 years.
- Polytec PT specializes in thermal interface materials for batteries and engineering adhesives for electronics.
- The acquisition leverages Arkema’s global presence to support growth in high-value applications.
Acquisition Overview
Arkema plans to acquire Polytec PT to enhance Bostik’s product offerings in the rapidly growing batteries and electronics markets. This acquisition aligns with Arkema’s strategy to become a full system provider and support sustainable solutions in these sectors.
Company Background
Polytec PT, based in Germany, specializes in developing thermal interface materials for batteries and engineering adhesives for electronics. The company generates approximately €15 million in sales and operates a primary production site in Karlsbad, Germany.
Strategic Benefits
Polytec PT has established expertise in thermal interface materials, crucial for fast battery charging and efficient heat dissipation. This acquisition will complement Bostik’s existing product range in engineering adhesives, enhancing its market position.
Financial Projections
The project aims for Bostik to achieve a turnover of around €50 million within five years by leveraging Arkema’s global presence and expertise. This growth is expected in high-value applications within the batteries and electronics markets.
Collaborative Opportunities
The acquisition presents a unique opportunity for Bostik and Polytec PT teams, who are already working together on new solutions. This collaboration will accelerate development and strengthen their position in the thermal interface materials and electronics markets.
