Henkel signed an agreement on 16 January 2026 to acquire ATP adhesive systems, a Swiss-based maker of high-performance water-based specialty tapes, from Arsenal Capital Partners.
Why Henkel AG & Co. KGaA is buying ATP adhesive systems AG
Henkel said the deal would expand its Adhesive Technologies offering beyond liquid adhesives into tapes and bring expertise in hotmelt and solvent-based polymer tapes. More than 90% of ATP's portfolio uses water-based technologies with a low carbon footprint, which Henkel said fits its sustainability targets.
“The portfolio of ATP Adhesive Systems represents a strong complementary and strategic fit for us.”
Deal terms and financing
The parties did not disclose financial terms. ATP employs about 700 people and expected sales of about €270m in fiscal 2025.
Regulatory approvals and timing
The deal was subject to customary conditions including regulatory approvals. Arsenal announced on 1 April 2026 that the sale to Henkel had been completed.
Market context
Arsenal bought ATP in 2022 and during its ownership expanded specialty tape capacity in Germany, acquired Neschen Coating and opened a US production site. ATP is headquartered in Switzerland with plants in Germany, the UK and the US.
