The acquisition will strengthen the growth of Arkema in the waterborne acrylic resins market.
Arkema has recently announced the acquisition of Polimeros Especiales, a Mexican manufacturer of emulsion resins specialised in the production of solvent-free waterborne acrylic resins. The acquisition, which is expected to be finalised in the third quarter of 2022 after the approval on the relevant authorities, will strengthen the growth of Arkema in the local market.
“Thanks to Polimeros Especiales, Arkema will develop new positions in the Mexican market, which is experiencing robust growth. The acquisition will ensure continuous strong support to our customers and will enable Arkema to broaden its product offering locally,” has stated Manuel Garcia, the general manager of Arkema in Mexico.
Polimeros Especiales is a well-established privately owned Mexican company that serves several sectors, such as architectural and decorative paints, textiles, pressure sensitive adhesives and construction industries. The company, that employs 230 people, has achieved sales of around US$ 40 million in 2021.
“We welcome the addition of Polimeros Especiales and its teams to the Group as this leading company has developed strong customer proximity and technical know-how. Its solid manufacturing assets and logistics platform will strengthen our expertise and quality of service in the region,” has added Neil Tariq, the global business director of the Coating Resins division at Arkema.
“We are proud to be joining forces with Arkema and together we will further develop innovative waterborne solutions for more sustainable resin offerings in the dynamic American market,” have concluded the Directors of Polimeros Especiales.