COLOMBES, France, December 1, 2016 /PRNewswire/ -- Arkemacompletedtheacquisitionof Den Braven,aleader in high performance sealants for insulation and construction in Europe, on 1st December.With thisstrong value-creatingacquisition, Arkema confirms its long-term ambitionfor Bostik,andactively pursues the development of its High Performance Materialsdivision. (Photo: http://photos.prnewswire.com/prnh/20161128/443130 ) Den Braven offers an extensive range of sealing, bonding and foam solutions for construction professionals as well as industry. The company achieves annual sales of some €350 million (2016 estimate), and employs around 1,000 people. With this acquisition, Bostik significantly reinforces its offering in the insulation and construction markets, while creating a global market leader in high performance sealants thanks to the excellent geographic, technological and commercial fit between the two groups. "We are pleased to welcome the Den Braven teams.Theirstate-of-the-art technologies, first-class industrial facilities and know-how widely recognized by their customers are all assets that we will continue to develop and build upon withinBostik.We are confident that this new growth platform willsupportour very strongambition in adhesives", stated Vincent Legros, Executive Vice President, Bostik. This acquisition fully illustrates Arkema's strategy to further strengthen the Group's profile as well as reduce its capital intensity.