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MN-40005

Henkel / ATP Adhesives Systems GroupMN-40005

View on ACCC

Processing timeline

22

days

Filed

18 Feb 2026

Henkel - ATP Adhesives Systems - Phase 1 determination

Decision

12 Mar 2026Henkel - ATP Adhesives Systems - Phase 1 determination
Type
Notification
Outcome
Approved
Stage
Phase 1 - initial assessment
Status
Assessment completed

Parties

Acquirer(s)

Henkel Global Supply Chain B.V. Netherlands registration number: 854017447, CCI 60683945

Target(s) or Vendor(s)

Aqua Adhesives I GmbH Swiss registration number: CH-170.4.019.187-0

Other parties

ATP Adhesives Holdings LP Delaware registration number: 6443870, ATP Adhesive Systems Group GmbH Swiss registration number: CHE-219.637.488, Henkel Finance Australia L.P. ABN - 15 740 196 765, Henkel Australia Pty Ltd ABN - 82 001 302 996, Inter Beteiligungsverwaltungs-Gesellschaft mbH HRB - 35906, Henkel AG & Co. KGaA HRB - 4724, Daniel Oscar Werner Heini, Dr Jan Müller, René Sven Hoffmann, Daniel Lippuner, Paul Schwitter, Axel van Steenbergen, Sladjan Bakcic, Richard Lee Simpson, Sascha Phillipp Kamer, Thomas Wener Keller, Tobias Oliver Krämer, Dirk Helmut Stadler, Arsenal Capital Management LP EIN 134 13 7189

Summary

Henkel will acquire all shares in ATP Adhesives Systems Group from ATP Adhesives Holdings LP, controlled by Arsenal Capital Partners affiliates. This share acquisition in the adhesives manufacturing industry combines Henkel's non-water-based pressure-sensitive adhesive tapes with ATP's water-based PSA tapes, expanding their offerings.

Acquisition details

Henkel AG & Co. KGaA ( Henkel ) proposes to acquire all the shares in and sole control of ATP Adhesives Systems Group GmbH (together with subsidiaries, ATP ) from ATP Adhesives Holdings LP, which pre-transaction is controlled by affiliates of Arsenal Capital Partners. Henkel is a German public company listed on the Frankfurt Stock Exchange. Henkel’s Adhesive Technologies business unit is a producer of adhesives, sealants and functional coatings for industrial customers, as well as for consumers and craftsmen. Henkel’s Adhesive Technologies brands available in Australia include Loctite, Teroson, Bonderite, Clingtape, Technomelt, Aquence and Pritt. In Australia, Henkel supplies tapes and labels ( T&L ) adhesives and non-water-based pressure-sensitive adhesive ( PSA ) tapes. ATP is a private company headquartered in Wollerau, Switzerland. ATP manufactures PSA tapes for various end uses. In Australia, ATP supplies only water-based PSA tapes.

Industry

Broad:Industrial ManufacturingANZSIC 1915:Adhesive Manufacturing

Decisions and key events

12 Mar 2026Henkel - ATP Adhesives Systems - Phase 1 determinationAttachmentPDF155.3 KB

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