Arkema arm Bostik acquires floor preparation systems from CGM Inc

Bostik, a subsidiary of Arkema, has acquired CMP Specialty Products, the flooring and floor preparation business of US based specialist CGM. This business, which generated $ 15 million sales in 2016, offers strong synergies with Bostik. 

This acquisition fits perfectly with Bostik's strategy to expand in the growing US construction market and to offer its customers a complete range of innovative solutions for the flooring market. This acquisition is also fully part of the group strategy to accelerate its growth in specialty adhesives with bolt-on acquisitions.

Based outside of Philadelphia, CMP's floor preparation systems products offer an advanced range of flooring surface