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People & Business :: Companies
Henkel Solidifies Hold on Top Spot
Further Industry Consolidation Expected
12:05 PM MDT | April 18, 2008 | Kate Phillips
Henkel’s recent purchase of the adhesives and sealants business of National Starch and Chemical has solidified its lead in the $50-billion global adhesives and sealants industry, analysts say. The €3.7-billion ($5.8 billion) deal, which includes National Starch’s electronic materials business, especially strengthens Henkel’s position in the Asia/Pacific and Eastern European regions and further highlights the ongoing consolidation in the industry, analysts say. The transaction is the largest in the adhesives and sealants industry, says Dan...
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