Henkel Ltd to sell Tank Cleaning Equipment Business to Breconcherry Ltd

14-May-2002
Henkel Ltd, Hatfield, United Kingdom, and Breconcherry Ltd, Ledbury, United Kingdom, have entered into an agreement on the sale of Henkel's Tank Cleaning Equipment business in the United Kingdom. Hatfield/Ledbury- The divested business came to Henkel with the acquisition of Atofina, the chemical branch of TotalFinaElf, Paris, France, in spring 2001 by Henkel Surface Technologies and has sales of about 0.5 million euros per year mostly to customers in Europe and Japan. It produces and markets a range of equipment for the in-place cleaning of mixing and storage vessels that is sold mainly to the brewing, food and road transport industries. The Henkel Group has concentrated its three systems businesses - Henkel Industrial adhesives and sealants, Loctite Engineering Adhesives and Henkel Surface Technologies - under the umbrella of the Henkel Technologies business sector. Henkel Surface Technologies matches the global structure of its customers with its own worldwide organization. Its staff of more than 4,000 people network online in interdisciplinary, cross- functional teams uniting research and development, technical services, and sales and marketing. Together, they develop integrated solutions, ranging from surface treatment through to process control - and they set the trends for the global markets of tomorrow.

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