16 April 2015
Novamelt to transfer to Henkel
Novamelt serves the hotmelt pressure sensitive market such as the label and tape industry, as well as manufacturers of PSA-adhesive coated products for variety of industry segments. Novamelt gained meanwhile a worldwide reputation within the adhesive industry as a highly specialized company for hotmelt PSA applications. Novamelt has production locations in Wehr, Germany and North Carolina, USA. In 2014 the company reports a turnover of approx. 50 Mill. € engaging 100 employees.
In order to guarantee a secure and sustainable succession process, the owners of Novamelt decided to sell to the company Henkel. Both parties signed an agreement on April 14th, 2015.
The company founders Pieter Mol and Harald Braun did not find an internal solution within the family. Henkel being a stock listed company with a majority of voting shares still owned by family members, will present a reliable future oriented succession for customers and employees of Novamelt. The location in Wehr, Germany, will play an important role in view of the integration process as competence center for hotmelt pressure sensitive adhesives.
Customer focus, fast response and flexibility for all commercial and technical items will remain. Together with our competent and experienced team out of the label and tape industry, operating on the world market, ensures continuity for our cooperation with customers and co-partners within our industry. This will be backed up with the world wide resources of the Henkel group.
Furthermore Novamelt's HMPSA technology will also be locally available outside Europe and the US using various local production sites of Henkel in the near future.
The current CEO of Novamelt Harald Braun will guide this transfer process.
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Both parties agreed not to disclose any financial details of the transaction.
Closing of the acquisition is subject to approval from anti-trust authorities.
Novamelt GmbH Klebstofftechnologie
Harold Braun, CEO
Öflinger Strasse 120
DE-79664 Wehr
Tel.: +49 7762 7085-0
Fax: +49 7762 7085-48
E-Mail: info@novamelt.com
www.novamelt.com
