Lord completes Henkel purchase

Cary, North Carolina - Lord Corp., has completed its acquisition of the rubber-to-substrate bonding and rubber coating business of Henkel KGaA, headquartered in Düesseldorf, Germany.

The acquired business primarily serves automotive and industrial manufacturers of rubber moulded and extruded components and includes the trade names Chemosil, Flocksil, Cuvertin and Sipiol. The manufacture of these products will remain within Henkel's Germany facilities using the same raw materials, processes and quality assurance measures. Henkel employees performing technical and commercial functions primarily dedicated to this business have transferred to Lord.

The acquisition of this important business from Henkel allows us to work more closely with our European-based global customers and is in line with the strategic commitment Lord Corp. has to the European region in all areas of activities,” said Rick McNeel, president and ceo of Lord.

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Press release from Lord Corp.

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Listing of Press releases from Lord Corp.