Atofina: Bostik Findley strengthens its Flooring Adhesives business in the United States

20-Mar-2002

Bostik Findley, the adhesives Division of ATOFINA, has signed an agreement with the American company DAP to acquire their Commercial Floor Covering and Ceramic TiIe Installation Products Business in the United States.

This business specializes in flooring installation products under the trade name “Durabond®” for tile, carpet, vinyl, hardwood and underlayments.

This production and distribution business operates from three sites: Paulsboro (New Jersey), Conyers (Georgia), and Orange County (California).

Combined with the existing flooring business of Bostik Findley Inc., it will represent approximately 15% of the American flooring installation products market.

The acquisition will enable Bostik Findley to expand significantly its product portfolio for the construction sector, whilst also consolidating its production and distribution facilities in the United States.

Bostik Findley is thereby pursuing its growth strategy whilst confirming its leading position in the world adhesives market.

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