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Announced

Completed

Henkel completed the acquisition of the consumer sealants division of Momentive Performance Materials for $206m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Chemicals and Synthetic Fibres

Single Bidder

sealants

Friendly

Acquisition

United States

Majority

Private

Completed

Cross Border

Synopsis

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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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