Colombes, France – Bostik, part of Arkema, is to acquire Edge Adhesives Texas. It specialises in hot-melt adhesives and pressure-sensitive adhesive tapes for residential construction.
Edge has annual sales of $12m. Its Fort Worth, Texas plant employs 50, where it makes custom formulations for easy-install window, door and roofing applications.
The company says the acquisition is in line with its growth strategy for high value-added adhesives, and expands its presence in North America.
The deal is expected to close in the second quarter of 2021.