Paris – Saint-Gobain is to acquire Brazilian polyurethane adhesive specialist TekBond. The deal is subject to the approval of the Brazilian antitrust authorities.
TekBond is the second largest adhesives business in Brazil, with a focus on the construction sector and the automotive aftermarket. Its product range includes polyurethane sealants, alongside adhesives and sprays, formulated for the local market.
It will become part of Saint-Gobain’s High-Performance Materials group. The company says this will create synergies with its existing business in the construction and industrial markets in Brazil.
