Henkel to Acquire Stahl Group for €2.1 Billion
February 5, 2026
Henkel has agreed to acquire Stahl Group, a Dutch specialty coatings company, for €2.1 billion. The deal is intended to expand Henkel Adhesive Technologies into the adjacent specialty coatings category and leverage Stahl’s R&D and customization capabilities. The transaction is subject to regulatory approvals and other customary closing conditions.
- Buyers
- Henkel
- Targets
- Stahl Group
- Sellers
- Wendel SE
- Industry
- Manufacturing
- Location
- Netherlands
- Transaction Type
- Buyout
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