France: Specialty Business Arkema Acquires Prochimir and Lambson
The two business deals will enable Arkema to further strengthen its specialties business. The move is in line with the firm’s long-term strategy of achieving more than 80 % of sales in these expert businesses.
France – On October 1, 2019, Arkema completed the acquisitions of Prochimir, manufacturer of high-performance adhesive films, and Lambson, specialised in photoinitiators for photocure resins.
With sales of around 33 million dollars, Prochimir completes Bostik’s range of technologies in industrial adhesives.
Lambson, with sales of approximately 49 million dollars, 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.