M&A Deal Summary

Henkel Acquires Phrozen

On April 29, 2021, Henkel acquired electronics company Phrozen

Acquisition Highlights
  • This is Henkel’s 2nd transaction in the Electronics sector.
  • This is Henkel’s 1st transaction in Taiwan.

M&A Deal Summary
Date 2021-04-29
Target Phrozen
Sector Electronics
Buyer(s) Henkel
Deal Type Add-on Acquisition

Target

Phrozen

Hsinchu City, Taiwan
Phrozen is a Taiwan-based startup that develops professional and consumer-friendly LCD 3D printers. Its mission is to strive towards enhancing human creativity and productivity by creating groundbreaking, innovative 3D printing solutions. Since its launch in 2016, Phrozen has released a variety of 3D printers, successfully bringing once-inaccessible 3D printing to consumers while maintaining industrial-grade precision and printing capabilities.

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Buyer(S) 1

Buyer

Henkel

Dusseldorf, Germany
Category Company
Founded 1876
Sector Consumer Products
Employees47,750
Revenue 21.5B EUR (2023)
DESCRIPTION

Henkel is a manufacturer and marketer of laundry, home care, beauty care, and adhesive products. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries. Henkel was founded in 1876 and is based in Dusseldorf, Germany.

DEAL STATS #
Overall 27 of 34
Sector (Electronics) 2 of 2
Type (Add-on Acquisition) 21 of 27
Country (Taiwan) 1 of 1
Year (2021) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-07 Feelit Technologies

Haifa, Israel

Feelit Technologies is a provider of MRO solutions in more than 800 different industry segments. Adhesives and sealants under the well-known Loctite brand improve the maintenance of production machinery and equipment for example in steel mills, car factories, mining equipment or power turbines around the globe. Feelit Technologies was founded in 2017 and is based in Haifa, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Henkel AG KGaA - Right Guard & Dry Idea Brands

Düsseldorf, Germany

Henkel AG's two brands were identified as non-core activities within the Henkel Beauty Care portfolio. Guard is a men’s grooming brand that offers antiperspirants and shower gels and mainly focuses on US and UK markets. Dry Idea is a North American women’s antiperspirant brand. The transaction includes trademark rights and access to product formulations.

Sell -
Mergr

Product

Company

Legal