TAGS: Sustainability / Natural Coatings Epoxy Coatings Polyurethane Coatings
Henkel successfully completes the acquisition of the US-based Seal for Life Industries (Seal for Life) from Arsenal Capital Partners (USA). Seal for Life is a specialized supplier of protective coating and sealing solutions. The solutions are applicable in a broad variety of infrastructure markets. It includes renewable energy, oil and gas, and water. The signing of the transaction took place in February 2024.
A Step Towards MRO Growth Platform
As infrastructure ages and sustainability gains ever more prominence, the necessity for repair solutions that enhance asset longevity is becoming more apparent. Consequently, maintenance and repair solutions for industrial, civil, and municipal applications are gaining heightened importance.
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This acquisition underscores our dedication to create a maintenance, repair, and overhaul (MRO) growth platform. And it positions us to expand our offerings in future-oriented markets such as renewable energy and water supply. We are excited to have this deal closed and accelerate our integration together with Critica Infrastructure in providing our growing customer base additional value with an expanded solution offering,” said Mark Dorn, executive vice president and globally responsible for Henkel’s Adhesive Technologies business unit.
The acquisition seamlessly aligns with Henkel’s expanding MRO portfolio. It introduces complementary repair solutions. These significantly bolster the company´s commitment to advancing the sustainability megatrend.
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As a company, we are deeply committed to sustainability. And this acquisition further solidifies that commitment. The portfolio of solutions we have acquired emphasizes corrosion protection, extending infrastructure lifespan and minimizing environmental impact through reduced replacements,” sais Csaba Szendrei, corporate senior vice president and global head of the Craftsmen, Construction and Professional Division at Henkel Adhesive Technologies.
Portfolio of Innovative Coating & Sealing Solutions
The product portfolio of Seal for Life comprises innovative coating and sealing solutions. It includes heat-shrink sleeves, visco-elastic coatings, epoxy and urethane coatings, fire protection, insulation, and sound-dampening coatings. Leveraging application expertise, these solutions are marketed under renowned industry brands. It includes STOPAQ®, CANUSA®, COVALENCE®, LIFELAST®. These lead the way in protecting and retrofitting various customer infrastructure, such as pipelines and piles.
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MRO represents a pivotal growth sector for our organization, presenting significant opportunities for pioneering solutions that protect, retrofit, and digitally monitor infrastructure while advancing sustainability objectives,” said Dr. Kourosh Bahrami, corporate vice president and global head of the General Manufacturing and Maintenance business at Henkel Adhesive Technologies.
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This strategic transaction represents another crucial milestone in our ongoing efforts to cultivate a robust growth platform within our MRO business to add more value to our customers’ operations and help them reach their targets,” added Dr. Bahrami.
Source: Henkel