Bostik, a global leader in innovative adhesive solutions, present in Brazil through its Fortaleza brand, announces the signature of an agreement to acquire Poliplas Ltda.
With fast growing sales, around €10 million in 2020, and a plant in São José do Rio Preto, in the state of São Paulo, Poliplas provides its more than 2,000 customers with high quality sealing and bonding solutions in several technologies used in construction.
The company is the largest local player in fast-growing hybrid sealants and adhesives, a technology with a wide range of implementation properties and a core technology for Bostik globally.
Poliplas is a key player in the Brazilian adhesives market with a strong presence in different distribution channels, targeting construction and industrial markets that will complete Fortaleza’s offering in the region. Both brands will thus continue to deliver high performance solutions to meet customers’ needs.
This bolt-on acquisition is in line with Bostik’s growth strategy in the construction market, reinforcing its global leadership in hybrid sealants and adhesives, while also expanding its presence in high-growth regions.