# Henkel to acquire JemPak for C$118 million

Henkel signed an agreement to acquire JemPak Corporation, Canada, for C$118 million on a cash-free and debt-free basis. JemPak focuses on laundry and home care retailer brands.

- Type: Acquisition
- Announced: 2018-11-26
- Where: Concord, Canada, Canada
- Value: $90.0M (118.0M CAD)
- Jobs: 140
- Status: announced
- Products: laundry and home care products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Henkel](https://endata.com/companies/667.md) (acquirer)
- [Acasta Enterprises](https://endata.com/companies/20021.md) (partner)
- [JemPak Corporation](https://endata.com/companies/35675.md) (target)

## Sources

- [plasticsandrubberasia.cn](https://www.plasticsandrubberasia.cn/en/news/basf-and-huafon-to-develop-pu-market-in-china-henkel-to-acquire-jempak-for-c118-mn/), 2018-11-26: "Henkel has signed an agreement with the Toronto Stock Exchange-listed company Acasta Enterprises Inc. to acquire JemPak Corporation, Canada, for C$118 million on a cash free 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.