Bakelite acquires sustainable adhesives maker Sestec

Thermoset resin producer Bakelite acquired Sestec, Polish company specializing in sustainable protein-based adhesives for wood and composite products, expanding its bio-based materials portfolio.

Deal Structure

The acquisition represents a strategic move for Bakelite to expand its portfolio and market presence in the bioplastics industry.

Strategic Implications

This merger and acquisition activity reflects the ongoing consolidation in the bioplastics sector as companies seek to achieve scale and broaden their technology platforms.

Source

For more information, visit: Bakelite announcement