Henkel
Sales: $10.3 billion
Adhesives business
significantly
strengthened
Company Facts:
Henkel AG & Co. KGaA
Henkelstraße 67, 40589
Düsseldorf, Germany
Tel: ( 49) 211 797 0; Fax: ( 49) 211 798 4040
www.henkel-technologies.com
• 2007 SALES REVENUE: $10.3 billion
(2006 SALES: $6.9 billion)
• KEY PERSONNEL: Ulrich Lehner, chairman of
the management board; Kasper Rorsted, CEO;
Alois Linder, executive vice president adhesives
technologies.
• MAJOR PRODUCTS: The portfolio includes
wallpaper pastes; ceiling, wall covering and tile
adhesives; home decoration products; sealants;
polyurethane foam fillers; cyanoacrylates; contact
adhesives; wood glues; assembly adhesives; PVC
pipe adhesives; flooring adhesives; waterproofing
products; thermal insulation products; coatings
roofing products; glue sticks; glue rollers; correction
products; adhesive tapes; industrial adhesives and
sealants; surface treatment products; soldering
pastes; lubricants.
• 2007 ACQUISITIONS: Adhesives and Electronic
Materials businesses from National Starch.
April 1, 2007 saw the birth of
Henkel’s new business sector
Adhesives Technologies, a
merger of the two previous business
sectors Consumer and Craftsmen
Adhesives and Henkel Technologes.
Working together, these will be able to
develop their markets more effectively
and achieve faster growth, according
to the company. Alois Linder heads up
the new business sector. Jochen
Krautter, the former head of Henkel
Technologies, has now retired after 34
years with Henkel.
The Adhesives Technologies business unit—includes Industry,
Building Adhesives and Consumer
Craftsment segments—represented
43% of Henkel Group’s revenue in
2007 totaling $7.8 billion, up from
$6.9 billion in 2006.
ACQUISITION OF
NATIONAL STARCH
In the course of 2007, Henkel concluded an agreement involving a back-to-back transaction with AkzoNobel
allowing the company to acquire
National Starch’s Adhesives and
Electronic Materials businesses—
previously owned by ICI.
“This acquisition represents a milestone in our 130-plus-year corporate
history and points Henkel clearly in
the direction of further profitable
growth,” said Ulrich Lehner, chairman of the management board of
Henkel KGaA.
In 2007, these two business segments of National Starch generated
sales of approximately $2.5 billion.
The purchase price was approximately $5 billion. Following the
integration, annualized sales of
Henkel’s Adhesives Technologies
business sector increased to about
$10.3 billion.
By acquiring the Adhesives and
National Starch’s headquarters in
Bridgewater, NJ.
Electronic Materials businesses of
National Starch, Henkel further
strengthened its leading position in
the global adhesives markets, particularly in the industrial segment.
Within Henkel’s Adhesives Technologies business sector, the acquisition will have a particular impact on
the packaging and wood adhesives
businesses, as well as on the electronics business, the company said.
Henkel also sees a significant
strengthening of its regional market
positions. The share of sales accounted
for by the Asia-Pacific region will, with
the acquisition of the National Starch
businesses, increase from eight percent to approximately 12%.
NEW PRODUCTS IN 2007
2007 was an active year for Henkel in
terms of new product launches.
Loctitie 5610 was rolled out. This tem-perature-resistant two-pack silicone
adhesive is suitable for the bonding of
glass ceramic stove tops, microwave
doors and baking overns. Other new
produtcts in 2007 include Pattex
PL600 Instant Tack, Dorus FD 150/6
LS, Adhesin FiberPlus, Bonderite
2718, Granocoat X, Hysol QMI 708,
Hysol QMI 5100/5200, Loctite 435/438,
Loctite Cure Jet LED, Metylan Power
Granulate plus, MiraFoil, P3 Disperse,
Sista Universal Seal and Repair, Sista
Easy Silicone and Tangit FP Fire
Protect System.
