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Business
Henkel to sell adhesives unit
March 13, 2006
| A version of this story appeared in
Volume 84, Issue 11
Henkel has agreed to sell its business in chemicals that bond rubber to metal and other substrates to Lord Corp. of Cary, N.C., for an undisclosed sum. The business concentrates primarily on the European market. "The increasing globalization of customer operations demands a global presence in this highly specialized segment, and our current operating base cannot offer the kind of coverage required long-term," says Jochen Krautter, executive vice president of Henkel Technologies.
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