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Bostik Strengthen Presence in Brazil with New Acquisition

Published on 2021-02-11. Author : SpecialChem

TAGS:  Sealants    

Bostik Strengthen Presence in Brazil with New AcquisitionBostik reinforces its presence in Brazilian construction adhesives market with the planned acquisition of Poliplas, a hybrid-technology sealants and adhesives manufacturer. This project is in line with Arkema’s targeted growth strategy in adhesives and in high-growth regions.

Offering Hybrid Sealants & Bonding Solutions

Bostik is present in Brazilian market through Fortaleza brand. With sales around €10 million in 2020, and a plant in São José do Rio Preto, in the state of São Paulo, Poliplas provides high-quality hybrid sealing and bonding solutions in several technologies used in construction.

Poliplas has a strong presence in different distribution channels, targeting construction and industrial markets that will complete Fortaleza’s offering in the region. Both brands will thus continue to deliver high performance solutions to meet customers’ needs.

This bolt-on acquisition is in line with Bostik’s growth strategy in the construction market, reinforcing its global leadership in hybrid sealants and adhesives, while also expanding its presence in high-growth regions.

Source: Bostik
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