Acquisition Details
Henkel has agreed to acquire Stahl, a leader in speciality coatings for flexible materials, for an enterprise value of €2.1 billion. The deal involves shareholders Wendel, BASF, and Clariant, marking the end of Wendel's 20-year majority ownership.
Strategic Alignment
Henkel and Stahl share a strategic vision focused on customer intimacy, innovation, and ESG leadership. Both companies are headquartered in Europe and offer complementary solutions to shared markets, paving the way for commercial synergies.
Growth and Innovation
Henkel's innovation capabilities are expected to accelerate Stahl's growth in speciality coatings. The acquisition aims to enhance customer relationships, expand technology offerings, and strengthen Stahl's global market position.
Transition and Approvals
During the transition, Stahl will maintain its current operations and commitments. The transaction is subject to customary closing conditions and regulatory approvals, with further details to be communicated as the process advances.
