Henkel to Acquire ATP Adhesive Systems, Expanding Specialty Tape Portfolio
Henkel has signed an agreement to acquire ATP adhesive systems AG, a Swiss-based manufacturer of high-performance, water-based specialty tapes. The transaction, announced jointly by ATP and its shareholder Arsenal Capital Partners, is subject to customary regulatory approvals and closing conditions.
According to the companies, the acquisition is intended to strengthen Henkel’s Adhesive Technologies business unit by adding ATP’s specialty tape portfolio to Henkel’s existing global adhesives offering. ATP will become part of Henkel’s Adhesive Technologies platform following the transaction’s completion.
ATP adhesive systems AG has established a presence in sectors including automotive, electronics, medical, building and construction, and graphics. The company reports that more than 90% of its product portfolio is based on water-based technologies, which it describes as contributing to a lower carbon footprint compared with solvent-based alternatives.
ATP employs approximately 700 people and is expected to generate around €270 million in revenue in fiscal year 2025, according to the company. By joining Henkel, ATP is expected to gain access to Henkel’s global infrastructure, customer relationships, and innovation resources.
“Becoming part of Henkel is a natural evolution for our company,” said Daniel Heini, CEO of the ATP Group. He added that the transaction supports ATP’s long-term focus on innovation and sustainability while enabling broader international reach.
Arsenal Capital Partners has agreed to sell its entire shareholding in ATP as part of the transaction. The companies stated that the combination is expected to enable closer collaboration across research and development activities and expand integrated bonding solution offerings.
Source: Henkel / ATP adhesive systems AG