Henkel has entered into an agreement to acquire Dutch-based Stahl Group for an enterprise value of €2.1 billion. The deal, announced jointly by Stahl and its shareholders—Wendel (68.5%), BASF (16.1%), and Clariant (14.6%)—marks the end of Wendel’s 20-year majority ownership of Stahl. Stahl is a global supplier of specialty coatings for …
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