03/28/2006, Düsseldorf

 

Henkel to sell business with sealants for insulating glass

Henkel signed an agreement to sell its business with sealants for the manufacture of insulating glass to the American company H.B. Fuller.

Henkel is in the process of selling to the American company H.B. Fuller its business with sealants for the manufacture of insulating glass. The insulating glass sealant business became part of Henkel as part of the 1991 Teroson acquisition. It is a non-core technology within the portfolio of Henkel Technologies, focussed on the European market.

The agreement on the sale of the business was signed on March 28. The transaction is subject to outstanding closing conditions, including the requisite antitrust approvals. With H.B. Fuller being active in the field of adhesives and sealants for insulating glass in the US, a strategic partner was found who is able to offer a good long-term perspective to the business sold.

"With this divestment we separate from a business not belonging to our core activities", says Jochen Krautter, Executive Vice President Henkel Technologies. "The increasingly globalized operations of our worldwide industrial customers, requires to focus on our core businesses."