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Henkel and Wetherby Laroc, a UK-based manufacturer of high-performance building products and facade systems, announced a strategic partnership in the form of a joint venture. Henkel signed an agreement to become majority shareholder of Wetherby Laroc. The transaction is closed and completed; financial details were not disclosed.
Henkel has signed an agreement to become majority shareholder of Wetherby Laroc, forming a joint venture to combine Wetherby Laroc's local brands with Henkel's global capabilities in high-performance building products and facade systems.