Henkel Strengthens Adhesive Technologies Business With Strategic Acquisition
Henkel has signed an agreement to acquire the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners. Seal for Life is a specialized supplier of protective coating and sealing solutions in a broad variety of infrastructure markets, such as renewable energy, oil, gas, and water. The company operates globally and generated sales of approximately 250 million euros in 2023. Financial details of the transaction were not disclosed.
“Strategic acquisitions to actively shape and strengthen our portfolio are an integral part of our Purposeful Growth Agenda. Seal for Life offers an attractive and highly profitable portfolio in protective coating and sealing, perfectly complementing our existing platform for the maintenance, repair, and overhaul market. With this transaction we will further enhance our product portfolio in this attractive market and unlock even greater growth potential for our leading Adhesive Technologies business,” said Henkel CEO Carsten Knobel.