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Arkema CEO Thierry Le Henaff

Interview Arkema’s acquisition appetite drops post-Bostik purchase - CEO

Interview article by Tom Brown

PARIS (ICIS)--Arkema is likely to pursue fewer large-scale acquisitions in 2015 following its purchase of adhesives maker Bostik last year, the CEO of the France-headquartered chemicals producer said on Thursday.

The company agreed to acquire France-headquartered Bostik for €1.74bn from Total, its own former parent, in late 2014, and also brought a €200m thiochemicals plant in Malaysia on stream at the start of this year, but is keen to keep its financial gearing levels at an acceptable margin, according to Arkema CEO Thierry le Henaff.

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