Sector News

Henkel buys sealant maker Sonderhoff

May 17, 2017
Chemical Value Chain

German glue and detergent maker Henkel AG said Wednesday it has agreed to acquire Sonderhoff Holding GmbH, a maker of high-impact sealing solutions for industrial assembly with annual revenues of about 60 million euros ($66 million).

Both parties agreed to not disclose any financial details of the transaction, which is subject to regulatory approvals.

Cologne-based Sonderhoff has around 280 employees. The company’s portfolio includes specialized polyurethane and silicone foams as well as customized dosing equipment and automation concepts.

By Friedrich Geiger a

Source: Dow Jones Newswires

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