Henkel to acquire Stahl for €2.1 billion to expand specialty coatings

Henkel is acquiring Stahl for an enterprise value of €2.1 billion, buying the stakes held by Wendel, BASF and Clariant, to strengthen Stahl's specialty coatings for flexible materials. Completion is subject to closing conditions and regulatory approvals.

“Henkel is acquiring Stahl for an enterprise value of €2.1 billion – a move hoped to drive growth in specialty coatings for flexible materials.”packagingeurope.com

• 1 source
• packagingeurope.comHenkel acquires Stahl for €2.1 billion to drive flexible coating growthFeb 4, 2026

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