Announced
Completed
Financials
Sources
Tags
Chemicals and Synthetic Fibres
Single Bidder
sealants
Friendly
Acquisition
United States
Majority
Private
Completed
Cross Border
Synopsis
Henkel, a global manufacturer of adhesives, detergents, and other consumer products, completed the acquisition of the consumer sealants division of Momentive Performance Materials, a supplier of silicone-based and other specialty chemical products, for $206m. “I’m excited about Momentive’s future, enabled by innovation that will provide creative solutions to our customers. We are continuing to prioritize and invest in specialty businesses where we have unique capabilities to win. Everything we do is focused on creating a stronger, more sustainable future for our employees, our customers and our communities," Sam Conzone, Momentive Performance President and CEO.
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