Adhesives & Sealants Headlines

Merger Places Bostik Findley Among World’s Leading Adhesives Companies

March 27, 2001
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MIDDLETON, Mass. — Integration of Bostik Findley progresses as the former Bostik and Ato Findley companies combine their respective organizations to become one of the world’s leading adhesives and sealants producers for a number of industrial, high-end manufacturing and specialty markets.

Consolidation of Bostik Findley results from last year’s merger of TotalFina and Elf Aquitaine, creating TotalFinaElf, a $73-billion, multinational company with extensive worldwide interests in oil exploration, petroleum refining and specialty chemicals, and parent company of these once-separate adhesives businesses.

Headed by Laurence Danon, president and chief executive officer, Bostik Findley’s worldwide operations encompass three international business groups covering the Americas, Europe and Australia/Asia. Michael Klonne serves as president of Bostik Findley Americas.

The newly merged company creates a vast global enterprise with production facilities and sales operations in 36 countries across five continents. The total number of employees is approximately 4,500.

Bostik Findley offers advanced adhesives, sealants and coating technologies used in the marine, transportation, disposable nonwovens, packaging, converting, assembly, construction, industrial, laminating and do-it-yourself marketplaces.

For more information, visit the company’s Web sites, www.bostik.com and www.atofindley.com.

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