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Automotive | Industrial Machinery & Components | Other Industries | Private Equity

Prochimir SAS has been acquired by Arkema

The management of Prochimir SAS and CM-CIC Investissement have sold the company to Bostik, a subsidiary of Arkema.

Prochimir specializes in the development, design, production and distribution of technical films dedicated to the automotive, building, healthcare and clothing industries. With 65 employees, the firm's exports represent over 75% of its turnover.

Arkema is a global manufacturer in specialty chemicals and advanced materials, with three business segments: high performance materials, industrial specialties, and coating solutions. Its brands are ranked among the leaders in the markets they serve. Reporting annual sales of US$9.6 billion in 2018, the group employs around 20,000 people worldwide and operates in some 55 countries.

CM-CIC Investissement is the equity financing arm of Crédit Mutuel Alliance Fédérale. The firm supports businesses at all stages of their development and offers a wide range of services, including minority investments in technology venture capital deals, leveraged buy-outs of majority stakes and growth capital transactions.

Oaklins' team in France assisted the sellers in this transaction.

Parties
“Throughout the process, we have benefited from the professionalism, commitment and efficiency of the Oaklins team. Proud of the progress we have made, we are now happy to join the Arkema Group. This major French industrial group will provide us with the necessary support to pursue our growth.

Vianney Lescroart

President, Prochimir SAS

Talk to the deal team

Thibaut de Monclin

Managing Partner
Paris, France
Oaklins France

Ghislain de Feydeau

Director
Paris, France
Oaklins France

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