April 4, 2024

Adhesive Technologies expands its portfolio in highly attractive adjacent business

Henkel closes acquisition of specialized supplier for protective coating and sealing solutions

•	Continued expansion of growth platform for Maintenance, Repair, and Overhaul (MRO) solutions, augmented by highly attractive adjacent business opportunities
•	Extends global presence and diversification of offerings in sustainability-focused, future-driven growth markets
•	Acquisition of certified protective coating technologies and complementary applicator network, facilitating advancements in retrofitting, smart maintenance, and civil infrastructure development

Henkel has successfully completed the acquisition of the US-based Seal for Life Industries LLC (“Seal for Life”) from Arsenal Capital Partners (USA). Seal for Life is a specialized supplier of protective coating and sealing solutions in a broad variety of infrastructure markets such as renewable energy, oil and gas, and water. The signing of the transaction took place in February 2024.

As infrastructure ages and sustainability gains ever more prominence, the necessity for repair solutions that enhance asset longevity is becoming more apparent. Consequently, maintenance and repair solutions for industrial, civil, and municipal applications are gaining heightened importance. 

“This acquisition underscores our dedication to create a maintenance, repair, and overhaul (MRO) growth platform and it positions us to expand our offerings in future-oriented markets such as renewable energy and water supply. We are excited to have this deal closed and accelerate our integration together with Critica Infrastructure in providing our growing customer base additional value with an expanded solution offering,” says Mark Dorn, Executive Vice President and globally responsible for Henkel’s Adhesive Technologies business unit. 

The acquisition seamlessly aligns with Henkel’s expanding MRO portfolio by introducing complementary repair solutions that significantly bolster the company´s commitment to advancing the sustainability megatrend.

“As a company, we are deeply committed to sustainability, and this acquisition further solidifies that commitment. The portfolio of solutions we have acquired emphasizes corrosion protection, extending infrastructure lifespan and minimizing environmental impact through reduced replacements,” says Csaba Szendrei, Corporate Senior Vice President and Global Head of the Craftsmen, Construction and Professional Division at Henkel Adhesive Technologies.

With a worldwide production network, Seal for Life operates on a global scale. Its product portfolio comprises innovative coating and sealing solutions, such as heat-shrink sleeves, visco-elastic coatings, epoxy and urethane coatings, fire protection, insulation, and sound-dampening coatings. Leveraging application expertise, these solutions, marketed under renowned industry brands including STOPAQ®, CANUSA®, COVALENCE®, LIFELAST®, lead the way in protecting and retrofitting various customer infrastructure, such as pipelines and piles.

“MRO represent a pivotal growth sector for our organization, presenting significant opportunities for pioneering solutions that protect, retrofit, and digitally monitor infrastructure while advancing sustainability objectives. This strategic transaction represents another crucial milestone in our ongoing efforts to cultivate a robust growth platform within our MRO business to add more value to our customers’ operations and help them reach their targets. Coupled with the Critica Infrastructure acquisition closed in 2023, and our strong Loctite MRO solutions, we are well positioned to deliver on our strategy,” says Dr. Kourosh Bahrami, Corporate Vice President and Global Head of the General Manufacturing and Maintenance business at Henkel Adhesive Technologies.

LOCTITE® is a registered trademark of Henkel and/or its affiliates in the USA, Germany and elsewhere.

About Henkel
With its brands, innovations and technologies, Henkel holds leading market positions worldwide in the industrial and consumer businesses. The business unit Adhesive Technologies is the global leader in the market for adhesives, sealants and functional coatings. With Consumer Brands, the company holds leading positions especially in laundry & home care and hair in many markets and categories around the world. The company's three strongest brands are Loctite, Persil and Schwarzkopf. In fiscal 2023, Henkel reported sales of more than 21.5 billion euros and adjusted operating profit of around 2.6 billion euros. Henkel’s preferred shares are listed in the German stock index DAX. Sustainability has a long tradition at Henkel, and the company has a clear sustainability strategy with specific targets. Henkel was founded in 1876 and today employs a diverse team of about 48,000 people worldwide – united by a strong corporate culture, shared values and a common purpose: "Pioneers at heart for the good of generations.” More information at www.henkel.com 

Photo material is available at www.henkel.com/press

Contact	Sebastian Hinz	
Phone	+49 211 797- 85 94	
Email	sebastian.hinz@henkel.com	

Henkel AG & Co. KGaA

Henkel has successfully completed the acquisition of the US-based Seal for Life Industries LLC (“Seal for Life”), a specialized supplier of protective coating and sealing solutions.

Seal for Life offers innovative coating and sealing products in a broad variety of infrastructure markets such as renewable energy, oil and gas, and water.

The acquisition underscores Henkel´s dedication to create an MRO growth platform by expanding its offerings in future-oriented markets such as renewable energy and water supply.