Close sells Laybond to Bostik

Chester-based Laybond is one of the leading manufacturers of flooring adhesives, roofing systems and general building products in the UK. The company’s brand portfolio includes Gripfill, the market leading gap-filling adhesive and Screedmaster smoothing compounds. Its products and systems are distributed through flooring and roofing distributors and builder’s merchants, and its customers include companies such as Travis Perkins and Jewsons.

CBPE principally funded the successful expansion of Laybond’s Gripfill adhesive. Bostik is a leader in the adhesives and sealants marketplace in the industrial, construction, and consumer sectors. The company is owned by Total SA and has sales operations in 45 countries across five continents. CBPE acquired Laybond as a management buyout from Streamline, an infrastructure services division of Jarvis Plc in September 2000.

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