Henkel Sells DIY Brands in United States and Canada
Henkel Corporation announces the sale of its business conducted under the Duck, Painter's Mate Green and Easy Liner brands in the Untied States and Canada to Shurtape Technologies LLC or one of Shurtape's affiliates. Shurtape is based in Hickory, N.C., and has been a long-term supplier to Henkel. The brands sold are the do-it-yourself (DIY) line of tapes, office and houseware products, including Duck brand duct tape and stationery, mailing and shipping, and kitchen and bath products. Included in the sale are certain worldwide rights to these brands as well as Henkel's Avon, Ohio facility.
"This sale fits our strategic direction, which is to focus on our core adhesives businesses. We're proud of the achievements of these brands and the dedicated employees who have worked hard to make them successful," says Julian Colquitt, president of Henkel Adhesive Technologies, North America.
Henkel's Avon location, which markets and distributes the Duck, Painter's Mate Green and Easy Liner brands, includes a staff of 350 employees.
Henkel's Pritt, Loctite, LePage, Pro-Series, PL, and Polyseamseal brands and the corresponding construction adhesives, sealants, and general adhesives businesses are not part of this sale.
Shurtape Technologies LLC is a producer of pressure sensitive masking, duct, packaging and specialty tape products, with facilities in the United States, Canada, Germany, Mexico, Peru, United Arab Emirates and China. The company services numerous markets including industrial, packaging, HVAC, professional paint, auto, marine, aerospace, arts and entertainment, and retail.
"This sale fits our strategic direction, which is to focus on our core adhesives businesses. We're proud of the achievements of these brands and the dedicated employees who have worked hard to make them successful," says Julian Colquitt, president of Henkel Adhesive Technologies, North America.
Henkel's Avon location, which markets and distributes the Duck, Painter's Mate Green and Easy Liner brands, includes a staff of 350 employees.
Henkel's Pritt, Loctite, LePage, Pro-Series, PL, and Polyseamseal brands and the corresponding construction adhesives, sealants, and general adhesives businesses are not part of this sale.
Shurtape Technologies LLC is a producer of pressure sensitive masking, duct, packaging and specialty tape products, with facilities in the United States, Canada, Germany, Mexico, Peru, United Arab Emirates and China. The company services numerous markets including industrial, packaging, HVAC, professional paint, auto, marine, aerospace, arts and entertainment, and retail.