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Henkel is negotiating to buy Dutch chemical firm Stahl from France's Wendel, aiming to boost its adhesive tech, but no deal is finalized.
Henkel is in talks to acquire Stahl Holdings, a Dutch specialty-chemicals company, from French owner Wendel, aiming to expand its adhesive technologies business.
The potential deal, which could reshape the industrial adhesives market, remains uncertain, with no agreement reached and regulatory approvals needed.
Stahl reported €930 million in sales for 2024, and earlier reports cited a possible valuation of up to €2 billion.
Henkel confirmed the discussions on January 16, 2026, noting no commitment or final decision.
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Henkel está negociando para comprar la empresa química holandesa Stahl de la francesa Wendel, con el objetivo de impulsar su tecnología de adhesivos, pero no se ha finalizado ningún acuerdo.