Henkel to acquire ATP Adhesive Systems – a leading expert in high-performance water-based specialty tapes

• Adhesive Technologies to expand product offering with complementary bonding solutions in fast-evolving dynamic markets
• Innovative player in high performance water-based technology with sustainable competitive advantage and strong value creation potential
• In addition to water-based tapes, access to advanced technological capabilities and expertise in hotmelt and solvent-based polymer tapes
• Adhesive Technologies to become a bonding solution provider beyond liquid adhesives offering additional value to its customers

Henkel signed an agreement to acquire Swiss-based ATP Adhesive Systems from Arsenal Capital Partners. ATP Adhesive Systems is a leading expert in high-performance water-based specialty tapes for a wide variety of end-markets, including automotive, electronics, medical, building & construction, and graphics applications. ATP Adhesive Systems has its presence in Europe and North America, employs around 700 employees and generated sales of around 270 million euros ‏(expected) in fiscal year 2025.

“Expanding our portfolio through compelling, value-adding M&A transactions is an integral part of our purposeful growth agenda. This acquisition will enable further growth in our Adhesive Technologies business unit by increasing our offering and capabilities in the tapes market with a broader range of innovative bonding solutions. The portfolio of ATP Adhesive Systems represents a strong complementary and strategic fit for us. It also aligns with our sustainability targets, as more than 90 percent of the portfolio utilize water-based technologies with a low carbon footprint,” said Henkel CEO Carsten Knobel.

“With this acquisition, we will further strengthen our Adhesive Technologies business unit. The ATP Adhesive Systems business delivers a compelling portfolio of water-based specialty tapes with increasing use cases as a more sustainable alternative with low VOC ‏(volatile organic compounds) levels and consequently driving growth well above the broader tapes industry. It also offers state-of-the-art production facilities and technological capabilities to further enhance our portfolio and to establish the foundation of a platform that extends beyond liquid technologies while accelerating innovation in sustainability”, said Mark Dorn, Executive Vice President and responsible for Henkel’s Adhesive Technologies business unit.

The acquisition is subject to customary closing conditions, including the receipt of regulatory approvals. At this point, the parties agreed to not disclose the financial terms of the transaction.

This document contains statements referring to future business development, financial performance and other events or developments of future relevance for Henkel that may constitute forward-looking statements. Statements with respect to the future are characterized by the use of words such as expect, intend, plan, anticipate, believe, estimate, and similar terms. Such statements are based on current estimates and assumptions made by the corporate management of Henkel AG & Co. KGaA. These statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and results actually achieved by Henkel AG & Co. KGaA and its affiliated companies depend on a number of risks and uncertainties and may therefore differ materially ‏(both positively and negatively) from the forward-looking statements. Many of these factors are outside Henkel’s control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. Henkel neither plans nor undertakes to update forward-looking statements.

This document includes supplemental financial indicators that are not clearly defined in the applicable financial reporting framework and that are or may be alternative performance measures. These supplemental financial indicators should not be viewed in isolation or as alternatives to measures of Henkel’s net assets and financial position or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently.

This document has been issued for information purposes only and is not intended to constitute an investment advice or an offer to sell, or a solicitation of an offer to buy, any securities.