08/01/2012, Düsseldorf / Germany
High performance industrial adhesives business strengthened
Henkel acquired Pressure Sensitive Adhesives product range from Cytec Industries
The acquisition clearly strengthens Henkel’s position in the area of high-sensitive adhesives as the acquired product range is complementary to Henkel’s well established high-performance PSA business.
In fiscal 2011, Cytec’s PSA product range generated sales of 94 million US dollars. The business includes about 80 employees.
Henkel AG & Co. KGaA