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BRIEF-Arkema Acquires Dow's Flexible Packaging Laminating Adhesives Business
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BRIEF-Arkema Acquires Dow's Flexible Packaging Laminating Adhesives Business
May 1, 2024 10:56 PM

May 2 (Reuters) - Arkema SA:

* ACQUIRES DOW'S FLEXIBLE PACKAGING LAMINATING ADHESIVES

BUSINESS

* ACQUISITION WILL SIGNIFICANTLY EXPAND ARKEMA'S PORTFOLIO

OF

SOLUTIONS FOR FLEXIBLE PACKAGING

* ACQUIRED BUSINESS GENERATING ANNUAL SALES OF AROUND US$250

* DEAL BASED ON AN ENTERPRISE VALUE OF US$150 MILLION

* DEAL WILL TRIGGER AROUND US$50 MILLION OF IMPLEMENTATION

COSTS

OR CAPEX OVER NEXT THREE YEARS

Source text for Workspace:

Further company coverage:

(Gdansk Newsroom)

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