Chemical
Henkel moves to acquire Swiss adhesive leader ATP Adhesive Systems
The ATP Adhesive Systems business delivers a compelling portfolio of water-based specialty tapes with increasing use cases as a more sustainable alternative with low VOC
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By ICN Bureau | January 21, 2026
Henkel has signed an agreement to acquire Swiss-based ATP Adhesive Systems from Arsenal Capital Partners, marking a major move to expand its footprint in the specialty tapes market.
ATP Adhesive Systems is known for high-performance, water-based tapes serving diverse sectors including automotive, electronics, medical, construction, and graphics. The company operates in Europe and North America, employs around 700 people, and is projected to generate approximately €270 million in sales in fiscal year 2025.
“Expanding our portfolio through compelling, value-adding M&A transactions is an integral part of our purposeful growth agenda. This acquisition will enable further growth in our Adhesive Technologies business unit by increasing our offering and capabilities in the tapes market with a broader range of innovative bonding solutions.
"The portfolio of ATP Adhesive Systems represents a strong complementary and strategic fit for us. It also aligns with our sustainability targets, as more than 90 percent of the portfolio utilize water-based technologies with a low carbon footprint,” said Henkel CEO Carsten Knobel.
Mark Dorn, Executive Vice President and head of Henkel’s Adhesive Technologies business unit, added: “With this acquisition, we will further strengthen our Adhesive Technologies business unit."
"The ATP Adhesive Systems business delivers a compelling portfolio of water-based specialty tapes with increasing use cases as a more sustainable alternative with low VOC (volatile organic compounds) levels and consequently driving growth well above the broader tapes industry. It also offers state-of-the-art production facilities and technological capabilities to further enhance our portfolio and to establish the foundation of a platform that extends beyond liquid technologies while accelerating innovation in sustainability.”
The deal is subject to customary closing conditions, including regulatory approvals. Financial terms of the transaction have not been disclosed.
