Henkel Corp. has announced the sale of its business conducted under the Duck®, Painter’s Mate Green ®and Easy Liner®brands in the U.S. and Canada to Shurtape Technologies, LLC or one of Shurtape’s affiliates. Shurtape is based in Hickory, NC, and has been a long-term supplier to Henkel. The brands sold are the do-it-yourself (DIY) line of tapes, office and houseware products, including Duck brand duct tape and stationery, mailing and shipping, and kitchen and bath products. Included in the sale are certain worldwide rights to these brands, as well as Henkel’s Avon, OH, facility.
“This sale fits our
strategic direction, which is to focus on our core adhesives businesses,” said
Julian Colquitt, president of Henkel Adhesive Technologies, North
America. “We’re proud of the achievements of these brands and the
dedicated employees who have worked hard to make them successful.”
is a logical step in formalizing a 40-year relationship with Henkel Corp,” said
Jim Shuford, president & CEO, Shurtape Technologies LLC. “The combination
of Henkel’s strong consumer brands with Shurtape’s professional brands and
manufacturing base will drive innovation and value for our retail partners.”
location, which markets and distributes the Duck, Painter’s Mate Green and Easy
Liner brands, includes a staff of 350 employees.
Henkel’s Pritt®, Loctite®, LePage®, Pro-Series®, PL®, and Polyseamseal®brands and the
corresponding construction adhesives, sealants, and general adhesives
businesses are not part of this sale.
For more information, visitwww.henkelna.com.
Henkel Announces Sale of Duck, Painter's Mate Green and Easy Liner Brands to Shurtape Technologies (6/2/09)
June 2, 2009