Henkel to Acquire ATP Adhesive Systems, a Specialist in High-Performance Water-Based Specialty Tapes

Henkel has signed an agreement to acquire Swiss-based ATP Adhesive Systems from Arsenal Capital Partners. ATP Adhesive Systems is a recognised specialist in high-performance, water-based speciality tapes that serve a broad range of end markets, including automotive, electronics, medical, building, construction, and graphics. The company operates across Europe and North America, employs around 700 people, and is expected to generate approximately €270 million in sales in fiscal year 2025.

• Adhesive Technologies will expand its product portfolio with complementary bonding solutions tailored to fast-evolving, dynamic markets.

• ATP Adhesive Systems brings innovative, high-performance water-based technologies, offering a sustainable competitive advantage and strong long-term value creation potential.

• Beyond water-based tapes, the acquisition provides access to advanced technological capabilities and expertise in hotmelt and solvent-based polymer tape technologies.

• This strengthens Adhesive Technologies’ position as a comprehensive bonding solutions provider, extending beyond liquid adhesives and delivering enhanced value to customers.

“Expanding our portfolio through compelling, value-adding M&A transactions is an integral part of our purposeful growth agenda. This acquisition will enable further growth in our Adhesive Technologies business unit by increasing our offering and capabilities in the tapes market with a broader range of innovative bonding solutions. The portfolio of ATP Adhesive Systems represents a strong complementary and strategic fit for us. It also aligns with our sustainability targets, as more than 90 percent of the portfolio utilize water-based technologies with a low carbon footprint,” said Henkel CEO Carsten Knobel.

“With this acquisition, we will further strengthen our Adhesive Technologies business unit. The ATP Adhesive Systems business delivers a compelling portfolio of water-based specialty tapes with increasing use cases as a more sustainable alternative with low VOC (volatile organic compounds) levels and consequently driving growth well above the broader tapes industry. It also offers state-of-the-art production facilities and technological capabilities to further enhance our portfolio and to establish the foundation of a platform that extends beyond liquid technologies while accelerating innovation in sustainability”, said Mark Dorn, Executive Vice President and responsible for Henkel’s Adhesive Technologies business unit.

The acquisition remains subject to customary closing conditions, including the receipt of required regulatory approvals. The parties have agreed not to disclose the financial terms of the transaction at this time.

Source: HENKEL