03/07/2006, Düsseldorf/Cary, NC, USA

 

Henkel to Sell Business with Rubber-to-Metal Bonding Products

Henkel KGaA is in the process of selling to Lord Corporation of Cary, N.C. its business with chemicals for bonding rubber to metal and other substrates.
Düsseldorf, Germany/Cary, N.C., March 7, 2006 -- Henkel KGaA is in the process of selling to Lord Corporation of Cary, N.C. its business with chemicals for bonding rubber to metal and other substrates. This Henkel Technologies business has so far been a non-core technology within the portfolio and should not be expanded. To date, Henkel has concentrated primarily on the European market with this activity. Since the automotive industry, the major customer in this segment, requires global service, Henkel decided to sell the business.

The sale and purchase agreement for the rubber-to-metal bonding chemicals business was signed by both parties on February 23. The transaction is still subject to outstanding closing conditions including the requisite antitrust approvals.

"The sale is the best strategic solution for all concerned", said Jochen Krautter, Executive Vice President Henkel Technologies. "The increasing globalization of customer operations demands a global presence in this highly specialized segment, and our current operating base cannot offer the kind of coverage required long-term."

"Henkel - A Brand like a Friend." Henkel is a leader with brands and technologies that make people's lives easier, better and more beautiful. The Henkel Group, a Fortune Global 500 company, operates in three strategic business areas - Home Care, Personal Care, and Adhesives, Sealants and Surface Treatment. In fiscal 2005, the Henkel Group generated sales of 11,974 million euros. More than 50,000 employees work for the Henkel Group worldwide. People in approximately 125 countries around the world trust in brands and technologies from Henkel.

This document contains forward-looking statements which are based on the current estimates and assumptions made by the corporate management of Henkel KGaA. Forward-looking statements are characterized by the use of words such as expect, intend, plan, predict, assume, believe, estimate, anticipate and similar formulations. Such statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results actually achieved by Henkel KGaA and its affiliated companies depend on a number of risks and uncertainties and may therefore differ materially from the forward-looking statements. Many of these factors are outside Henkel's control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. Henkel neither plans nor undertakes to update any forward-looking statements.