Bostik, the Total subsidiary specialized in adhesives, recently acquired two companies: Laybond (United Kingdom) and Global Brands (Philippines).

Laybond, with a turnover of around 30 million euros, is one of the leading players in the United Kingdom in adhesives and sealants for building activities and in particular for floor covering and roof waterproofing.

Global Brands is the leader in roofing sealants and product assembly adhesives in the Philippines, with a turnover of around 17 million euros.

These transactions are part of Bostik’s strategy of targeted acquisitions intended to increase its market share on growth markets.

Bostik is one of the world’s leading adhesives company and generated a turnover of 1.1 billion euros in 2004.