Bakelite recently announced that the company has completed its acquisition of Sestec, a Poland-based company known for its sustainable, protein-based adhesives for wood and composite products. Bakelite reports that this strategic move significantly enhances the company’s position as a sustainability leader in the adhesive industry. The acquisition of Sestec, whose adhesives are 100% biobased and […]
Henkel recently announced that the company has acquired the South Africa-based Nordbak (Pty) Ltd., a specialist provider of maintenance, repair, and overhaul (MRO) solutions with a strong foothold in mining, infrastructure, and industrial segments. With a broad product portfolio, a proven customer base, and deep application know-how, Nordbak strengthens Henkel’s MRO offering in a strategically […]
Sika has fully acquired HPS North America Inc., a supplier of building finishing materials. HPS distributes Schönox branded products, manufactured by Sika Germany, in the U.S. market. The company reports that fully integrating this business into Sika USA will create a strong platform for further expansion in the building finishing segment and lead to significant […]
BioBond Adhesives Inc. (BioBond), a portfolio company of Big Idea Venture’s Generation Food Rural Partners (GFRP) Fund, announced the opening of its headquarters and development laboratories in Lafayette, Indiana. The location will enable BioBond to accelerate the commercialization of its plant-based, biodegradable adhesive and coating alternatives, targeting a wide range of industries including packaging, construction, […]
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