Henkel AG & Co. KGaA

M&A Activity • Oct 7, 2004

News Details

Ad-hoc | 7 October 2004 03:07

Henkel to acquire Sovereign Specialty Chemicals

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– On October 6, 2004 Henkel Corporation/USA, an affiliate of Henkel KGaA, Düsseldorf (Germany), and Sovereign Specialty Chemicals, Inc., Chicago (Illinois/USA), a supplier of specialty adhesives, sealants and assembly adhesives, have entered into an agreement pursuant to which Henkel will acquire all of the shares of Sovereign Specialty Chemicals, Inc. The transaction value amounts to approximately 575 million USD. The acquisition, which is subject to customary conditions and regulatory approvals, is expected to be completed until the end of 2004. end of ad-hoc-announcement (c)DGAP 07.10.2004 ——————————————————————————– WKN: 604843; ISIN: DE0006048432; Index: DAX Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart 070307 Okt 04