Add-on Acquisition • Building Materials

Bostik Acquires Ideal Work Srl

On September 23, 2020, Bostik acquired building materials company Ideal Work Srl

Acquisition Context

This is Bostik’s 2nd transaction in the Building Materials sector.
This is Bostik’s 1st transaction in Italy.

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M&A Deal Summary
Date	September 23, 2020
Target	Ideal Work Srl
Sector	Building Materials
Buyer(s)	Bostik
Deal Type	Add-on Acquisition

Target Company

Ideal Work Srl

Treviso, Italy

Ideal Work is specialized in providing high-added value decorative flooring technologies has developed an expertise and a unique approach in the fast-growing sector of high-end decorative flooring solutions, in particular thanks to its micro-cement technology. Ideal Work was founded in 1997 and is based in Treviso, Italy.

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Buyer Overview 1

Buyer

Bostik

Wauwatosa, Wisconsin, United States

Category	Company
Founded	1889
Sector	Chemicals
Employees	19,000

DESCRIPTION

Bostik, Inc. is an adhesive specialist in industrial manufacturing, construction and consumer markets. Bostik develops innovative adhesive solutions that are smarter and more adaptive to the forces that shape our daily lives.

Deal Context for Buyer	#
Overall	5 of 6
Sector: Building Materials	2 of 2
Type: Add-on Acquisition	5 of 6
Country: Italy	1 of 1
Year: 2020	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-12-12	LIP Bygningsartikler A/S Norre Aaby, Denmark LIP Bygningsartikler A/S is a provider of tile adhesives, waterproofing systems, and floor preparation solutions. LIP Bygningsartikler is based in Norre Aaby, Denmark.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2019-12-12

LIP Bygningsartikler A/S

Norre Aaby, Denmark

LIP Bygningsartikler A/S is a provider of tile adhesives, waterproofing systems, and floor preparation solutions. LIP Bygningsartikler is based in Norre Aaby, Denmark.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-02-09	Poliplás Preto, Brazil Poliplás manufactures hybrid adhesives and sealants with operations throughout the national territory and the American continent, present in more than 15 countries. Poliplás was founded in 1995 and is based in Preto, Brazil.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-02-09

Poliplás

Preto, Brazil

Poliplás manufactures hybrid adhesives and sealants with operations throughout the national territory and the American continent, present in more than 15 countries. Poliplás was founded in 1995 and is based in Preto, Brazil.

Buy

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