Henkel has announced its acquisition of US-based Seal for Life Industries, enhancing its Adhesive Technologies business and expanding its offerings in sustainability-driven markets.

Information on the Target

Henkel has entered into an agreement to acquire Seal for Life Industries LLC, a specialized supplier based in the United States that focuses on protective coating and sealing solutions across various infrastructure markets, including renewable energy, oil & gas, and water. In 2023, Seal for Life generated sales of approximately 250 million euros and boasts a workforce of over 650 employees supported by a global production network.

Seal for Life's innovative product offerings comprise heat-shrink sleeves, visco-elastic coatings, epoxy and urethane coatings, as well as fire protection, insulation, and sound-dampening solutions. The company markets these products through industry-leading brands such as STOPAQ®, CANUSA®, COVALENCE®, and LIFELAST®, positioning itself as a frontrunner in infrastructure protection and retrofitting applications, particularly for pipelines and piles.

Industry Overview in the Target's Specific Country

The demand for maintenance, repair, and overhaul (MRO) solutions in the United States is on the rise due to factors such as aging infrastructure and heightened sustainability