Altana takes over closure materials business from Henkel

Within the Altana Group, the business will be integrated into the Actega division and globally assigned to the metal packaging solutions business line. 

‘With the acquisition of Henkel’s closure materials business, we are continuing to systematically implement our acquisition strategy and our focus on innovative specialty chemicals,’ commented Martin Babilas, CEO of Altana.

‘We are further expanding our business with sealants for the packaging industry,’ added Thorsten Kröller, head of Altana’s Actega division. ‘The transaction is an ideal addition to our existing product portfolio. With it, we will be able to supply our longstanding and new customers with innovative solutions even better and more flexibly in the future.’

Sealing compounds are used in a wide variety of packaging, such as for food and beverages. They protect the contents from external influences and help to ensure that they have a longer shelf life. Actega has already marketed a series of sustainable products in this area. For example, researchers in Bremen developed Provalin, claimed to be the only PVC-free option for metal vacuum closures to date. 

The brands acquired by Henkel include Celox and Sincera, closure materials preventing oxygen ingress after beer bottles have been filled and help to ensure that mineral water closures are tight yet easy to open.

The parties have agreed not to disclose the purchase price.