|
(April 3, 2008) Las Vegas — Henkel Corporation announced at APEX that they've acquired Ablestik and Emerson & Cuming, the adhesives group of National Starch, for approximately $6 billion. The companies will become part of Henkel's adhesives group, bringing in die attach, board-level interconnect, and related materials, along with intellectual property (IP) and a global manufacturing base.
Doug Dixon, electronics global marketing director, Henkel Corporation, and Joseph DeBiase, GM, Emerson & Cuming, made the joint announcement. "Henkel's strategy for growth relies strongly on acquisitions," Dixon noted. He explained that Henkel selected the Ablestik and Emerson & Cuming groups because of a product synergy, global footprint for product development and market penetration, and interest in growing Henkel's offering for adhesive interconnect and protection products. "We saw that they were strong in areas where Henkel had been weak, and we were strong in areas that they were weak," he said.
Get the full story at SMT Magazine.
|
Web Exclusives 
Add RSS Feed
