Henkel Adhesive Technologies strengthens its capabilities for maintenance, repair and overhaul (MRO) solutions by investing in Feelit, Haifa, Israel.

The start-up has developed a unique sensor technology for predictive maintenance for various applications in manufacturing. With the investment Henkel aims to further expand its leading MRO portfolio for its broad customer base in industrial markets.

Paolo Bavaj, Head of Corporate Venturing, Adhesive Technologies, said:  “As part of our venturing activities we are looking for novel and scalable technologies complementing our existing portfolio in adhesives, sealants and functional coatings.

 “We also focus on digital business models that help innovating our traditional businesses towards the increasing demands for novel and efficient industrial IoT solutions.

“The investment in Feelit perfectly fits to our business strategy and underlines the value of our long-standing engagement in Israel as a major global hub for materials and technology start-ups.”

Henkel Adhesive Technologies is a leading provider of MRO solutions in more than 800 different industry segments.

“As a global leader in the MRO markets we aim to implement Industry 4.0 solutions to expand our offering beyond materials,” adds Michael Honné, Head of MRO 4.0 at Henkel Adhesive Technologies.

The global market for predictive maintenance is expected to significantly grow over the next years as digital technologies have a huge potential to further reduce unplanned asset downtime and help preventing serious damages across multiple industries.