Metalor Acquires Henkel's Silver and Powder Manufacturing Asset
Metalor Technologies International SA (www.metalor.com) and Henkel (www.henkel.com) have signed an agreement for the Metalor Group to acquire Henkel's silver powder manufacturing assets in Port Huron, Michigan.
Founded in 1876, Henkel holds globally leading market positions both in the consumer and industrial businesses with well-known brands such as Persil, Schwarzkopf, Ablestik and Loctite. Henkel is the world market leader in adhesives, sealants and surface treatments for consumers, craftsmen and industrial applications.
The Metalor Group, with headquarters in Neuchtel, Switzerland, specializes in the field of precious metals and related advanced technologies. Present on 3 continents, Metalor employs more than 1600 people.
This acquisition is highly complementary to the Metalor Group's existing Advanced Coatings Division in terms of products, customers and strategic geographical footprint. It provides turnkey capacity to meet the current and future needs of Metalor's customers in die attach & the dynamic photo voltaic market, as well as redundant manufacturing capability to complement its Attleboro, MA. & Suzhou, China silver manufacturing sites. It will confirm Metalor's position as one of the world's leading suppliers to the electronics and photovoltaic markets.
