IHS Chemical Week

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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