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Henkel to Acquire Aislantes Nacionales, Strengthens Position in Latin America

Published on 2018-07-20. Author : SpecialChem

Henkel has signed an agreement to acquire Aislantes Nacionales S.A., a major player in the Chilean tile adhesive and building materials market.

Manufacturing and Marketing Various Products

Henkel Acquire Aislantes Nacionales s.a
Henkel signs agreement to acquire Aislantes Nacionales S.A.

Aislantes Nacionales S.A. is a privately-owned company specialized in manufacturing and marketing a wide variety of products in the building materials market.

The portfolio includes:
  • Ceramic tile installation systems
  • Mortars for finishing floors and walls 
  • Elastic sealants 
  • Insulation systems
  • In the fiscal year 2017, Aislantes Nacionales S.A. generated sales of about 80 million euros. The company is based in Santiago de Chile and employs around 220 people at a local production site. 

Strengthening Position in Latin America

The transaction is in line with Henkel’s strategy to strengthen its portfolio through targeted investments. “With acquiring Aislantes Nacionales S.A. we will enter the attractive Chilean building materials market in a strong position. The strong brands and technologies, as well as the well-positioned portfolio will further strengthen our position in Latin America”, says Jan-Dirk Auris, Executive Vice President and responsible for Henkel’s Adhesive Technologies business.

Both parties agreed to not disclose any financial details of the transaction. The acquisition is subject to customary closing conditions, including regulatory approvals.

Source: Henkel
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