Bayer MaterialScience LLC said today it will acquire Arkema Inc.'s polycarbonate sheet business, which includes the Tuffak line of products used in aerospace, transportation and heavy equipment markets.
No financial terms were disclosed. The acquisition also includes production equipment that will be transferred to Bayer's sheet business in the North American Free Trade Agreement region.
Thomas Karl Kastner, global head of the Robinson-based company's sheet business, said the deal supports Bayer's strategy to make polycarbonate sheet the product of choice in the security glazing, mass transportation and signage markets.
