Novamelt to be Acquired by Henkel

Published: April 16, 2015

ARCHDALE, NC | The owners of Novamelt have decided to sell its shares from private owners Pieter Mol and Harald Braun to Henkel. Both parties signed an agreement on April 14, 2015.

Novamelt serves the hot melt pressure-sensitive markets such as the label and tape industry, as well as manufacturers of PSA coated products for a variety of industry segments. The company has production locations in Wehr, Germany, and in North Carolina. In 2014 the company reported a turnover of approximately €50 million and employs 100 people.

The location in Wehr will play an important role in view of the integration process as the center of competence for hot melt p-s adhesives.?Customer focus, fast response, and flexibility for all commercial and technical items will remain intact. The company says that the transition will ensure continuity for customers and partners within the industry. This will be backed up with the worldwide resources of the Henkel group.

Novamelt’s HM PSA technology will also be locally available outside Europe and the US using various local production sites of Henkel in the near future. ?Harald Braun, the current CEO of Novamelt, will guide this transfer process for a longer period of time. Both parties agreed not to disclose any financial details of the transaction.

Closing of the acquisition is subject to approval from anti-trust authorities.

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