(PRESS RELEASE) DÜSSELDORF, 13-Sep-2022 — /EuropaWire/ — Henkel (ETR: HEN3), a German chemical and consumer goods company, has announced acquisition of the U.S. based startup that develops innovative coatings for the electronics and accessories market. The Boston, Massachusetts start up boasts expertise in the development of surface properties such as repellency for plastics or optical coatings for displays. The transaction will help Henkel to strengthen the position of its Adhesive Technologies business unit in the area of functional coatings.
Henkel completed the acquisition of the US-based advanced materials start-up NBD Nanotechnologies Inc. (NBD Nano). NBD Nano, headquartered in Boston, Massachusetts, has expertise in developing surface properties such as repellency for plastics or optical coatings for displays. With this acquisition Henkel aims to strengthen the position of its Adhesive Technologies business unit in the area of functional coatings.
Through its proprietary platform technology, NBD Nano creates coatings that reduce fingerprint visibility for glass and impart stain repellency for plastics, textiles and other materials. NBD Nano’s know-how can be used in manifold applications – from electronics and consumer goods, to automotive and packaging. Its product offerings include Invisiprint® coating additives that provide fingerprint management and reduction of odor and stain causing bacteria on displays, and RepelFlexTM coatings that significantly reduce odor and stain causing bacteria on common use plastics such as electronic accessories and films.
“We believe that our acquisition of NBD Nano will accelerate the commercialization of their cutting-edge technologies,” said Michael Todd, Global Head of Innovation at Henkel Adhesive Technologies. “Their demonstrated innovations in coatings for the electronics and accessories market combined with Henkel’s global footprint will extend the reach for broader application of NBD Nano’s solutions in the commercial marketplace.”
Both parties agreed to not disclose any financial details of the transaction.
Henkel Adhesive Technologies
SOURCE: Henkel AG & Co. KGaA