Arkema to acquire Polimeros Especiales
Arkema plans the acquisition of Polimeros Especiales, a leading player in solvent-free waterborne acrylic resins.
Polimeros Especiales is a well-established privately owned Mexican company producing high performance waterborne resins for a broad range of applications in markets such as architectural and decorative paints, textiles, pressure sensitive adhesives and construction. The company has become a key manufacturer of emulsions in the region, achieving sales of around EUR 39,5 million in 2021 and employing 230 people.
Project is subject to approval by antitrust authorities
Arkoding to Arkema, the planned acquisition is fully in line with the company’s strategy to expand its Coating Solutions segment in growing markets and in low-volatile organic compound solutions. As Manuel Garcia, General Manager of Arkema in Mexico, points out: “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”.
The project, which is subject to approval by antitrust authorities, is expected to be finalised in Q3 2022.