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Arkema Acquires Ideal Work

The deal is expected to close in the fourth quarter of 2020.

By: Coatings World staff

Bostik is acquiring Ideal Work, an Italian company specialized in high-added-value decorative flooring technologies. 

 

This project is in line with Arkema’s targeted growth strategy in adhesives.

 

Founded in 1997, this Italian company with annual sales of around €10 million employs 25 people. 

 

Ideal Work’s solutions, which complement existing ranges in the field of floor preparation and flooring adhesives, will allow Bostik to expand its offering and position itself in a high-added-value niche market in flooring renovation and decoration. 

 

 The deal is expected to close in the fourth quarter of 2020.

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