PARIS—Saint-Gobain signed a share purchase agreement to acquire 100 percent of the equity capital of Biolink, a German manufacturer of specialty adhesive tapes.
Founded in 1997 and based in Waakirchen, Biolink develops and produces environmentally friendly solvent-free acrylic resin adhesive tapes for applications in the aeronautic, automotive and other industrial markets.
After taking over H-Old in Italy at the end of 2016, this Biolink acquisition will accelerate the growth of Saint-Gobain's Performance Plastics unit, according to a statement.