Arkema: proposed acquisition of Polytec PT in Germany
Polytec PT develops thermal interface materials for batteries, and high-performance adhesives for electronics. It generates sales of around €15 million, with a main production site in Karlsbad.
The project will enable Bostik to achieve sales of around €50 million within five years in these high value-added applications. It should be finalized in the second quarter of 2023.
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