Company News

Henkel Acquires JemPak

Author Image

By: TOM BRANNA

Editor

Henkel signed an agreement with Acasta Enterprises Inc. to acquire JemPak Corporation, Canada, for approximately 77 million euros (about $90 million at current exchange rates) on a cash- and debt-free basis. Based in Concord, Canada, JemPak Corporation reported sales of €60 million ($70 million) in fiscal 2017. The company, which employs about 140 people, is focused on the US and the Canadian laundry and home care retailer brands business and offers products in growing categories such as au...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters