Henkel completed the acquisition of a majority stake in Wetherby Laroc Group.

Henkel, a chemical and consumer goods company, completed the acquisition of a majority stake in Wetherby Laroc Group, a manufacturing company producing building products. Financial terms were not disclosed. “We are delighted to enter a joint venture partnership with Wetherby Laroc which will enable us to create a sustainable future with builders through unmatched expertise, superior quality, and leading innovation. Our combined solution portfolio and expertise address critical business challenges and empower customers to transform legacy housing stock into energy-efficient buildings contributing to significant sustainability improvements and cost-saving potentials. Based on our joint distribution network and trusted brands we aim to accelerate market innovation with focus on the UK and laying the foundation to meet future needs of our European customers as well,” Piotr Ciborowski, Henkel Adhesive Technologies Vice President Construction Eastern Europe.