Paris:  Arkema a global specialty chemicals company, recently announced that they have acquired Polytec PT, a leading manufacturer of thermal interface materials (TIMs) and engineering adhesives for the electronics and battery markets. The acquisition, which is expected to close in the second quarter of 2023, will strengthen Arkema's position in these growing markets and will help the company to meet the increasing demand for sustainable solutions.

Polytec PT is a privately held company headquartered in Karlsbad, Germany. The company has a strong track record of innovation and has developed a range of high-performance TIMs and adhesives that are used by leading companies in the electronics and battery industries. Arkema's acquisition of Polytec PT will give the company access to these technologies and will help Arkema to develop new and innovative solutions for its customers.

The acquisition of Polytec PT is part of Arkema's strategy to become a leading provider of sustainable solutions for the electronics and battery markets. Arkema is committed to developing products that are environmentally friendly and that meet the needs of its customers. The acquisition of Polytec PT will help Arkema to achieve these goals and increase its market share in the adhesive industry.

According to the Vincent Legros, Executive Vice President, of Arkema Adhesive Solutions (Bostik)." We look forward to welcoming Polytec PT’s teams and to supporting them in their ambitious roadmap. We are convinced that the combination of Arkema’s expertise in batteries, its global adhesives footprint, and Polytec PT’s technologies will enable us to become a recognized partner for our customers in batteries and electronics." Further, Achim Wiessler, Polytec PT’s managing director, commented: “We can bring in our strong expertise in thermally conductive products to support Bostik's and Arkema's strategy to offer a complete portfolio of innovative materials for inside and outside battery cells. Bostik's global presence and strong development expertise will further accelerate our growth in the battery market, especially outside Europe.”

According to TechSci Research, the acquisition of Polytec PT by Arkema is expected to have a positive impact on the growth of the engineering adhesive market. Polytec PT is a leading manufacturer of interface materials and engineering adhesives, and its products are used in a wide range of applications, including electronics, automotive, and aerospace. Arkema is a global specialty chemicals company with a strong presence in the engineering adhesive market. The acquisition of Polytec PT will give Arkema a larger market share and will allow the company to offer a wider range of products to its customers which significantly influence the company’s profitability.

In addition, the acquisition is expected to help Arkema to expand its reach into new markets as Polytec PT has a strong presence in Europe and Asia, and its products are used by leading companies in these regions. Arkema is expected to use Polytec PT's distribution network to expand its sales in these regions. Polytec PT is a leading manufacturer of engineering adhesives, and the company has a strong track record of innovation. The acquisition of Polytec PT will give Arkema access to Polytec PT's innovative technologies and will help Arkema to develop new and innovative products for its customers.