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In 2007, these two business segments of National Starch generated sales of 1.25 billion GBP (about €1.83 billion). The purchase price was 2.7 billion GBP (about €3.7 billion). Following the integration, annualized sales of Henkel's Adhesives Technologies business sector will increase to about €7.5 billion. Henkel expects synergies from the acquisition of €240-260 million per year, and anticipates it will realize the full synergy potential by 2011.
"We will do everything in our power to integrate this excellent company with its outstanding employees and products quickly and smoothly," added Ulrich Lehner. Henkel will provide an update on the integration process in connection with the publication of Q1 figures on May 7, 2008.
For more information, visit www.henkelna.com.