# Henkel completes acquisition of Darex Packaging Technologies

Henkel completed its acquisition of the global Darex Packaging Technologies business, based in Massachusetts, for $1.05bn on a cash and debt-free basis. Darex makes sealants, coatings and cans for the metal packaging industry.

- Type: Acquisition
- Announced: 2017-07-05
- Where: Massachusetts, United States
- Value: $1.05B
- Status: completed
- Products: sealants, coatings, beverage, food and aerosol cans
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Henkel](https://endata.com/companies/667.md) (acquirer)
- [Darex Packaging Technologies](https://endata.com/companies/881.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/henkel-acquires-darex-packaging-technologies-and-sonderhoff-group-5863357/), 2017-07-05: "Henkel acquired Darex at a consideration of $1.05bn on a cash and debt-free basis"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.