Adhesives and sealants improve the maintenance of production machinery and equipment around the globe.
Henkel Adhesive Technologies recently announced that it has strengthened its capabilities for maintenance, repair, and overhaul (MRO) solutions by investing in Feelit, a startup based in Haifa, Israel. Feelit has developed a sensor technology for predictive maintenance for various applications in manufacturing. With the investment, Henkel aims to further expand its MRO portfolio for its customer base in industrial markets.
“As part of our venturing activities we are looking for novel and scalable technologies complementing our existing portfolio in adhesives, sealants and functional coatings,” said Paolo Bavaj, head of Corporate Venturing for Adhesive Technologies. “We also focus on digital business models that help innovating our traditional businesses towards the increasing demands for novel and efficient industrial IoT solutions. The investment in Feelit perfectly fits to our business strategy and underlines the value of our long-standing engagement in Israel as a major global hub for materials and technology start-ups.”