Setterwalls advisor to the global chemical group Arkema in the acquisition, by its group company Bostik, of Lip Sverige AB within the Scandinavian LIP group headquartered in Denmark.
Lip is a leader in Scandinavia in the market of tile adhesives, waterproofing systems and floor preparation solutions. Bostik is one of the largest adhesives producers in the world. Bostik employs over 5,000 workers in 50 countries. Bostik’s acquisition of LIP Bygningsartikler AS with its subsidiaries in Sweden and Norway, will enable Bostik to offer its customers an extended range of high value-added solutions, while boosting its presence in Nordic countries