December 20, 2016 - Bostik News Building & Construction

Bostik Announces Acquisition of Den Braven

In February 2015, when Arkema closed the acquisition of Bostik, our CEO, Thierry Le Henaff, asserted that we will double Bostik’s EBITDA by 2020. Since then, a key part of achieving this goal has been developing an aggressive acquisition strategy.

In line with our company’s strategy, Bostik finalized our acquisition of Den Braven this December. Den Braven is a European-based adhesives and sealants manufacturer with over 1,000 employees and a global footprint. This company focuses on the Building and Construction market and has a broad, world class sealant technology portfolio that includes:

  • Silicones
  • Polyurethanes
  • Hybrids
  • Acrylics

Our acquisition benefits both Den Braven and Bostik, and with the combined strengths of both firms, we will now:

  • Offer customers the most comprehensive portfolio of products to the Building and Waterproofing market
  • Accelerate our “home efficiency and insulation” innovation platform to support growth in sustainable construction

Additionally, Den Braven has a U.S. entity called Siroflex, located in Greenville, SC. This entity will bring two major enhancements to our already-strong position in the market.

  • Enhanced manufacturing capability
  • New technologies

For example, when combined with our existing plant in Conyers, GA, Siroflex helps Bostik’s ability to service the market through state-of-the-art manufacturing facilities and best-in-class color matching capabilities.

Furthermore, Siroflex adds silicone and acrylic technologies as well as foam insulation, fluid applied membranes and coating technologies to Bostik’s existing portfolio of butyl, polyurethane and SMP-based adhesives and sealants.

As a result, we will be able to offer entire waterproofing systems to the market, greatly enhancing our value to architects, contactors and building owners.

In anticipation of 2017, this acquisition reaffirms Bostik’s ambition to be a world leader in building efficiency solutions. We look forward to integrating Den Braven into our business, positioning us as the global leader in high performance sealants.

For more information, call 800-7-BOSTIK.

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