Henkel acquires ATP Adhesive Systems to expand water-based specialty tape portfolio, strengthening Adhesive Technologies growth and advancing sustainability-focused innovation globally.
Henkel has entered into a definitive agreement to acquire Switzerland-based ATP Adhesive Systems from Arsenal Capital Partners, marking a strategic move to further strengthen its global Adhesive Technologies business. The acquisition underscores Henkel’s continued focus on expanding its portfolio through targeted, value-accretive transactions that align with long-term growth and sustainability objectives.
ATP Adhesive Systems is widely recognized as a leading supplier of high-performance, water-based specialty adhesive tapes. Its solutions cater to a broad range of demanding end markets, including automotive manufacturing, electronics, medical and healthcare applications, construction, and graphic industries. With a strong operational footprint across Europe and North America, ATP employs approximately 700 people and is projected to generate revenues of around €270 million in fiscal year 2025, highlighting its scale and growth potential within the specialty adhesives segment.
The transaction significantly enhances Henkel’s capabilities in adhesive tape technologies, particularly in water-based systems that offer compelling environmental advantages. By integrating ATP’s complementary product portfolio, Henkel aims to broaden its range of innovative adhesive solutions while deepening its technical expertise in a segment that is experiencing faster growth than conventional solvent-based alternatives. More than 90 percent of ATP’s products rely on water-based technologies, which are associated with low volatile organic compound (VOC) emissions and a reduced carbon footprint—an important factor as customers across industries increasingly prioritize sustainable materials and processes.
Carsten Knobel, Chief Executive Officer of Henkel, emphasized that portfolio expansion through attractive acquisitions remains a core element of the company’s growth agenda. He noted that the addition of ATP Adhesive Systems will accelerate growth within the Adhesive Technologies business unit by expanding Henkel’s offerings in adhesive tapes and reinforcing its commitment to sustainability-driven innovation. According to Knobel, ATP’s portfolio represents a strong strategic fit, both from a technology perspective and in terms of Henkel’s ambition to lower environmental impact across its product lines.
Echoing this view, Mark Dorn, Executive Board Member responsible for the Adhesive Technologies business unit, highlighted the attractive growth dynamics of water-based specialty tapes. He pointed out that these products, as low-VOC and more sustainable alternatives, are seeing above-average demand compared to traditional adhesive tapes. Dorn also emphasized ATP’s advanced production facilities and deep technological know-how, which together provide a robust foundation for further optimizing and expanding Henkel’s adhesive portfolio.
Beyond immediate portfolio enhancement, the acquisition is expected to serve as a platform for broader innovation. By extending its capabilities beyond liquid adhesive technologies into advanced tape solutions, Henkel aims to accelerate the development of next-generation, sustainable adhesive products that meet evolving customer and regulatory requirements worldwide.
The transaction remains subject to customary closing conditions, including regulatory and antitrust approvals. Both parties have agreed not to disclose financial terms of the deal at this stage.
