Henkel closes acquisition of specialty coatings maker Stahl
Henkel closed its acquisition of Netherlands-based Stahl Group on Oct. 1, 2026, adding specialty coatings for flexible materials to its Adhesive Technologies business. Stahl had about 1,800 employees and adjusted fiscal 2025 sales of EUR 725 million; Henkel said the Stahl transaction, alongside ATP Adhesive Systems and Wetherby Laroc, adds about EUR 1 billion in combined sales.
1. Acquisition closed
Henkel closed its acquisition of Netherlands-based Stahl Group on Oct. 1, 2026, adding specialty coatings for flexible materials to its Adhesive Technologies business. Stahl employs about 1,800 people globally and reported adjusted sales of EUR 725 million in fiscal 2025.
2. Portfolio expansion
The deal adds leather finishing solutions and performance coatings, broadening Henkel’s reach across mobility, fashion, luxury and packaging. Henkel said the Stahl transaction, alongside ATP Adhesive Systems and Wetherby Laroc, adds about EUR 1 billion in combined sales.
