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NewsAdhesives and Sealants TopicsAdhesives & Sealants HeadlinesMergers/AcquisitionsFinished Adhesives and Sealants

Worthen Industries Acquires Henkel’s Footwear Adhesives Business in Mexico

The acquisition includes a comprehensive portfolio of adhesive technologies, as well as experienced sales and technical support staff.

acquisitions_mergers_puzzle
March 5, 2020

Worthen Industries recently announced that it has acquired Henkel’s footwear product line in Mexico. The acquisition includes a comprehensive portfolio of adhesive technologies, as well as experienced sales and technical support staff.

“We are pleased that with Worthen Industries we have found a strategic buyer to further develop the business as it is core to their portfolio, and to best service the footwear market in Mexico,” said Valentin López, Henkel Mexico president. “It was also important for us to identify the right partner to ensure that the same standard of customer service is maintained, along with finding a comparable home for our employees, who have been servicing these accounts.”

According to Eric Worthen, president of Worthen Industries, “We are very excited about this acquisition. It will enhance our wide range of product offerings, while continuing to build upon the relationships that Henkel has been able to establish over the years. The footwear industry is a core component of our company and we look forward to a smooth transition with our new customers, as well as informing them of our existing product solutions.”

For more information, visit www.worthenind.com. Henkel can be found online at www.henkel.com.

KEYWORDS: acquisitions adhesives in assembly general business

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