Subscribe to AMN
About Us
Contact Us
Advertise
 
LORD Corp. Purchases Business Line of Henkel
June 5, 2006
|

CARY, NC -- LORD Corp. has completed its acquisition of the rubber-to-substrate bonding and rubber coating business assets from Henkel KGaA, headquartered in Duesseldorf, Germany. Lord Corp. is a global developer and manufacturer of products and technologies that provide superior adhesion and bonding, control motion and minimize the effects of shock and vibration.

The acquired business primarily serves automotive and industrial manufacturers of rubber molded 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 Corporation has to the European region in all areas of activities," said Rick McNeel, president and chief executive officer of LORD Corp. "This transaction enables automotive and industrial rubber parts manufacturers access to LORD Corporation's total portfolio of current and emerging technologies."

For more information about Lord Corp., go to: www.lord.com .

_______________________________________

Click here to view the rest of today's headlines.