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Arkema Acquisition to Aid Resin Range

Thursday, August 1, 2019

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Specialty chemicals company Arkema announced earlier this week a project to acquire Lambson, a company that specializes in photoinitiators for curing (a technology that helps to meet demands of different markets, such as high-performance coatings).

The acquisition will complement Arkema’s Sartomer product offering, the company says, and will further strengthen the share of specialties in Arkema’s product portfolio.

Arkema

Specialty chemicals company Arkema announced earlier this week a project to acquire Lambson, a company that specializes in photoinitiators for curing (a technology that helps to meet demands of different markets, such as high-performance coatings).

Lambson, based in the United Kingdom, develops and markets a wide range of photoinitiators for curing, and has reported sales of 45 million euros ($50.1 million).

“These photoinitiators, used to initiate polymerization reactions during the UV-curing process, perfectly complement Sartomer’s resin range,” Arkema said.

“The development of this integrated offering will enable Sartomer to better meet its customers’ challenges, in particular in the electronics, 3D printing, digital ink, composites and high-performance coatings markets.”

The deal is expected to close in the fourth quarter of 2019. Financial terms were not disclosed.

   

Tagged categories: Acquisitions; Arkema Inc.; Asia Pacific; Business matters; Business operations; Coatings Technology; EMEA (Europe, Middle East and Africa); Latin America; Mergers; North America; Z-Continents

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