Henkel to buy Darex Packaging | Chemical & Engineering News
Volume 95 Issue 10 | p. 14 | Concentrates
Issue Date: March 6, 2017

Henkel to buy Darex Packaging

Department: Business
Keywords: adhesives, coatings, packaging

Henkel will pay more than $1 billion to acquire GCP Applied Technologies’ Darex Packaging Technologies, a leading maker of can sealants and coatings for metal packaging. The unit, which has 700 employees and $300 million in annual sales, will be added to Henkel’s adhesives technologies portfolio. GCP, which split off from W.R. Grace a year ago, says the transaction will allow it to focus on its construction products businesses, including concrete additives and waterproofing membranes

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