Henkel has successfully finalized the purchase of Seal for Life Industries LLC, a US-based company, from Arsenal Capital Partners.
Seal for Life specializes in providing protective coatings and sealing solutions for various infrastructure sectors, including renewable energy, oil and gas, and water. The acquisition agreement was signed in February 2024.
As infrastructure continues to age and sustainability becomes increasingly important, the demand for repair solutions that can prolong the lifespan of assets is growing. This has led to a heightened focus on maintenance and repair solutions for industrial, civil, and municipal applications.
Mark Dorn, Executive Vice President of Henkel’s Adhesive Technologies business unit, expressed enthusiasm about the acquisition, emphasizing its role in establishing a maintenance, repair, and overhaul (MRO) growth platform. The acquisition will enable Henkel to expand its presence in forward-looking markets like renewable energy and water supply, providing added value to its expanding customer base through a broader range of solutions.
The integration of Seal for Life into Henkel’s portfolio enhances the company’s commitment to sustainability by introducing complementary repair solutions that support the sustainability trend.
Csaba Szendrei, Corporate Senior Vice President and Global Head of the Craftsmen, Construction, and Professional Division at Henkel Adhesive Technologies, highlighted the sustainability aspect of the acquisition. The acquired solutions focus on corrosion protection, extending the lifespan of infrastructure, and reducing environmental impact by minimizing the need for replacements.
Seal for Life operates globally with a diverse product range that includes innovative coating and sealing solutions such as heat-shrink sleeves, visco-elastic coatings, epoxy and urethane coatings, fire protection, insulation, and sound-dampening coatings. These solutions, marketed under well-known industry brands like STOPAQ®, CANUSA®, COVALENCE®, and LIFELAST®, play a crucial role in protecting and retrofitting various customer infrastructure such as pipelines and piles.
Dr. Kourosh Bahrami, Corporate Vice President and Global Head of the General Manufacturing and Maintenance business at Henkel Adhesive Technologies, emphasized the strategic significance of the transaction in expanding the MRO business. The acquisition aligns with Henkel’s efforts to provide cutting-edge solutions for infrastructure protection, retrofitting, and digital monitoring to support sustainability goals. With the recent Critica Infrastructure acquisition in 2023 and the strong presence of Loctite MRO solutions, Henkel is well-positioned to execute its strategic objectives.
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