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 .
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