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Arkema M&A Activity 2019
1117_iss_2019-07-30_7d13f544-b8cd-40af-9eeb-e80a1bd5ecd2.pdf
M&A Activity
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Colombes, July 30th 2019
Arkema expands Sartomer's product offering with the acquisition of Lambson
Arkema announces a project to acquire Lambson, a company specializing in photoinitiators for curing, a technology meeting the demands of cutting-edge markets such as electronics, 3D printing, digital ink, composites and high performance coatings. These solutions will complement the offering of Sartomer, a global leader in photocure resins, while helping speed up its development in this fastgrowing market. This deal will further strengthen the share of specialties in Arkema's product portfolio, in line with its long-term ambition.
Lambson develops and markets a wide range of photoinitiators for curing, a market with growth estimated at around 5% per year. The company, historically based in the United Kingdom, reports sales of some €45 million.
These photoinitiators, used to initiate polymerization reactions during the UV-curing process, perfectly complement Sartomer's resin range.
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.
Closing of the deal is expected in fourth quarter 2019, subject to approval by the antitrust authorities in the relevant countries.
A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans High Performance Materials, Industrial Specialties and Coating Solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €8.8 billion in 2018, we employ around 20,000 people worldwide and operate in some 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. www.arkema.com
INVESTOR RELATIONS CONTACTS
| Sophie Fouillat | +33 1 49 00 86 37 | [email protected] |
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| Arié Taïeb | +33 1 49 00 72 07 | [email protected] |
| Peter Farren | +33 1 49 00 73 12 | [email protected] |
| Béatrice Zilm | +33 1 49 00 75 58 | [email protected] |
| MEDIA CONTACTS | |
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| Gilles Galinier +33 1 49 00 70 07 |
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