Henkel Acquired a Specialised Supplier of Protective Coatings

Date: 08/04/2024
Categories: Corporate
Pipelines protected with white coatings from Henkel

Henkel has now access to a wide portfolio including fire protection, insulation and sound-dampening coatings.

Henkel has recently announced that it has completed the acquisition of Seal for Life Industries LLC, a company based in the United States of America and specialised in providing protective coating and sealing solutions for a broad variety of infrastructures in the renewable energy, oil and gas pipelines and water distribution sectors. The signing of the transaction took place in February 2024.

As infrastructure ages and sustainability gains ever more prominence, the necessity for repair solutions that enhance asset longevity is becoming more apparent. Consequently, maintenance and repair solutions for industrial, civil and municipal applications are gaining heightened importance.

The acquisition of certified protective coating technologies and the complementary applicator network seamlessly aligns with the expanding Maintenance, Repair and Overhaul (MRO) portfolio of Henkel, by introducing complementary repair solutions that significantly bolster the commitment to advancing the sustainability megatrends and facilitating advancements in retrofitting, smart maintenance and civil infrastructure development.

“MRO represent a pivotal growth sector for our organisation, presenting significant opportunities for pioneering solutions that protect, retrofit and digitally monitor infrastructure while advancing sustainability objectives. This strategic transaction represents another crucial milestone in our ongoing efforts to cultivate a robust growth platform within our MRO business to add more value to the operations of our customers and help them reach their targets,” has stated Kourosh Bahrami, the vice-president of Henkel. “Coupled with the Critica Infrastructure acquisition closed in 2023 and our strong Loctite MRO solutions, we are well positioned to deliver on our strategy.”

Seal for Life operates on a global scale with a worldwide production network that comprises innovative coating and sealing solutions, including heat-shrink sleeves, viscoelastic coatings, epoxy and urethane paints and fire protection, insulation and sound-dampening solutions that allow to protect and retrofit several infrastructures, such as pipelines and piles.

“This acquisition underscores our dedication to create a maintenance, repair and overhaul (MRO) growth platform and it positions us to expand our offerings in future-oriented markets such as renewable energy and water supply. We are excited to have this deal closed, providing our growing customer base additional value with an expanded solution offering,” has concluded Mark Dorn, the executive vice-president of Henkel Adhesive Technologies. “As a company, we are deeply committed to sustainability and this acquisition further solidifies that commitment. The portfolio of solutions we have acquired emphasises corrosion protection, extending infrastructure lifespan and minimising environmental impact through reduced replacements.”