First Quality Enterprises to acquire Retailer Brands business of Henkel.

First Quality Enterprises, an American multinational manufacturing company, agreed to acquire Retailer Brands business of Henkel, a German multinational chemical and consumer goods company. Financial terms were not disclosed. “The divestment of our Retailer Brands business in North America marks the final step of our portfolio optimization measures which we announced in 2022. We are now focusing with a clear growth mindset on our branded business with technology-driven innovations offering more value for consumers,” Carsten Knobel, Henkel CEO.